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Posts Tagged ‘relocated’

Who’s On The Move – Week Ending 1/28/11

Posted in commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, renewal, rental rate, retail brokerage, square feet, start up, sublease, Vacancies, vancouver, tagged , , , , , , , , , , , , , , , , , , , , , , , , , on February 1, 2011 | Leave a Comment »

GeneralBizDex (consulting|finance|insurance|legal|other)

Central Business District

Schnitzer Steel – Montgomery Park | 2710 NW Vaughn St | 13,097 SF expansion

Bennett Hartman – Centennial Block | 210 SW Morrison St | 8,588 SF sublease

Westside

Beaverton Law Group – Hall Street Station | 4500 SW Hall Blvd | 2,766 SF renewal

Vancouver

Arikkan – Park Tower Biz Ctr | 12500 SE Second Circle | 807 SF

NonProfDex (charitable|education|trade assoc)

Vancouver 

Partners in Careers – Minnehaha Shopping Ctr | 3210 NE 52nd St | 11,000 SF

HealthDex (hospital/provider|managed care|equipment)

Vancouver

SEIU Healthcare Training Partnership – Thirty Third Place | 3305 Main St | 1,168 SF

TechDex (apps|provider|hardware|var)

Westside

Digital Living – Kruse Way | 4000 Kruse Way Place I | 2,758 SF

FunDex

Westside

Nordstrom Rack - Cascade Plaza | 9175 SW Cascade Ave | 45,000 SF

Crunch Fitness – Cascade Plaza | 9175 SW Cascade Ave | 17,336 SF

Vancouver

Driving 101 – EastRidge Biz Park | 11701 NE 95th St | 1,200 SF renewal

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Who’s On The Move – Week Ending 8/21/09

Posted in Uncategorized, tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , on August 24, 2009 | Leave a Comment »

Recent Building Sales:

Westside

Buyer: City County Insurance Services
Seller:  Haines Building LLC
Property: 11625 and 11675 SW 66th St., Tigard, Oregon
Size: 13,563 SF
Price: $2.25 million

Buyer: Kashi Management Inc.
Seller: Hancar LLC
Property: 10101 S.W. Barbur Blvd., Portland, Oregon
Size: 10,986 SF
Price: $1.325 million.

HealthDex (hospital/provider|managed care|equipment)

Vancouver

Addus Health Care – EastRidge Biz Park | 11805 NE 99th | 1,536 SF

Westside

Medius Medical Concepts – Cornell Oaks, Waterside Bldg | 15244 NW Greenbrier | 4,100 SF

TechDex (apps|provider|hardware|var)

Westside

Cadence Design Systems – Triangle Corp Park III | 13211 SW 68th | 2,109 SF

GeneralBizDex (consulting|finance|insurance|legal|other)

Westside

SHC Services – Hilltop Biz Ctr | 7320 SW Hunziker Rd | 1,446 SF

Total Assets Mgmt – Triangle Corp Park III | 13221 SW 68th | 2,533 SF

William J Conley – Hilltop Biz Ctr | 7329 SW Hunziker Rd | 1,132 SF

OIRE Oregon C - 1500 NW Bethany Blvd | 3,614 SF

Eastside

Westat – Holladay Park Professional Bldg | 1020 NE Second | 2,866 SF

Central Business District

Novogradac & Co – Bank of America Financial Ctr | 121 SW Morrison | 2,819 SF

Calyptus Consulting – 208 Building | 208 SW First Ave | 1,270 SF

Vancouver

NLJ Advisors – Mill Plain One | 210 NE Park Plaza Dr |  1,989  SF

Amberhill Properties – Vancouver Commerce Ctr | 101 E 8th |  168 SF

GovDex (government agencies)

Vancouver

Bonneville Power Admin – Two Park Place | 7700 NE 41st | 5,140 SF

DesignDex (A/E|design consulting|graphic d)

Vancouver

Columbia Surveys -  One Park Place | 7600 41st St | 1,184 SF

Otak – Vancouvercenter | 700 Washington St | 5,361 SF

NonProfDex (charitable|education|trade assoc)

Eastside

The Portland Village School – 7620 N. Delaware Ave | 18,821 SF

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Who’s On the Move – Week Ending 5/1/09

Posted in commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, start up, vancouver, tagged , , , , , , , , , on May 4, 2009 | Leave a Comment »

 Our First Quarter Report was released early last week and the numbers bear out what we predicted back in December 2008, which is to say vacancy is up and rates are down.  August is the predicted low point with flat growth through the balance of 2009. A few tips to keep in mind if you are considering new office space:

1. Keep expectations realistic. Free rent, rent reductions and above standard tenant improvement allowances are available, but they are dependent upon the location and credit quality of a tenant.

2. The suburban markets have been hit harder and are more aggressive than the downtown.

3. Some landlords will consider rewriting existing leases three to twelve months prior to lease expiration. This is a great way to take advantage of the soft market today.

For a complete copy of our quarterly report, which includes rate, vacancy and deal information, please email me at kristin.hammond(at)pacific-re.com or DM me on Twitter at FzMcFadden and request a copy.

What Other Tenants Have Paid Recently

SUBMARKET

SIZE

TERM

RATE/SF

FREE RENT

I-5/217 (flex)

8,500 SF

63 months

$19.50

3 months

Airport Way (flex)

7,000 SF

60 months

$19.00

0 months

Wash. Square (Class A)

2,500 SF

66 months

$20.50

6 months

CBD (Class A)

7,200 SF

63 months

$19.75

3 months

CBD Class A) 

8,500 SF

65 months

$22.50

5 months

Vancouver (Class B)

1,612 SF

60 months

$21.00

1 month

TechDex (apps|provider|hardware|var)

Westside

AuctionPay – Triangle Corp Park | 13224 SW 68th | 14,580 SF

Zapproved – Lincoln Tower |  10260 SW Greenburg Rd | 1,500 SF

HealthDex (hospital|managed care|equipment)

Central Business District  

ACS State Healthcare – 1220 SW Morrison St | 4,106 SF

Vancouver

Brighton Enterprises – Thirty Third Place | 3305 Main St | 2,461 SF

NonProfDex (charitable|education)

Eastside

BigBrothers/BigSisters Columbia NW - 1827 NE 44th Ave | 4,797 SF

Vancouver

St. Elizabeth AS Catholic HS – Sunrise Pro. Ctr | 811 NE 112th | 13,938 SF

DesignDex (a/e|consulting|graphic d)

Westside

GeoDesign – Pacific Corp Ctr | 15575 SW Sequoia Pkwy | 12,913 SF

GeneralBizDex (consulting|finance|insurance|legal|other)

Westside

Ameriprise Financial – 2 Lincoln | 10220 SW Greenburg Rd | 2,798 SF

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Who’s On the Move? – Week Ending 12/12/08

Posted in commercial real estate, office brokerage, tagged , , , , , , , , , , , , , , , on December 15, 2008 | Leave a Comment »

It was another slow week of lease transactions in Portland. The majority of the companies announcing moves fell under the financial services and insurance categories interestingly enough. The largest deals were Paulson Capital, who renewed 17,136 SF at the Paulson Building (811 NW Naito); Premier Source LLC, who leased 13,321 SF at the Spaulding Building (319 SW Washington); and The Government of Japan, who renewed 11,604 SF at Wells Fargo Center (1300 SW Fifth).  It will likely slowdown considerably more this week and not pick back up until after the first of the year.

MediaDex (traditional|digital|research)

Central Business District

OnPR Inc. – Morgan Building | 720 SW Washington St. | 1,417 SF

Westside

Madsense – 14705 SW Millikan Way | 2,623 SF | $817,000

DesignDex (A/E|consulting|graphic d)

Central Business District

Staccato Design – Madison Condos | 1140 SW 11th Ave. | 6,193 SF

Paragon Consulting – Unitus Plaza | 1300 SW Sixth Ave. | 2,750 SF

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Who’s on the Move? – Week Ending 11/28/08

Posted in commercial real estate, office brokerage, tagged , , , , , , , , , , , , , , , , , , , , , , on December 1, 2008 | 2 Comments »

Another Thanksgiving passed us by and, in the wake of all things turkey, left us with just a few done deals for the week.

For the past two years, December has been a very busy month with many companies trying to secure office leases before year end due to tax and other benefits. However, this year we anticipate a slower than usual December as many companies are in a holding pattern. Several large firms are simply renewing for a one year period with the hopes of a better environment next December, 2010. There are a few brightspots however, including GarageGames move into the Portland market up from Eugene.

 

TechDex (apps|hardware|provider|var)

Central Business District

GarageGames.com - 618 Building | 618 NW Glisan | 2,475 SF

Axiom Group – Willamette Place | 6420 SW Macadam | 3,300 SF

Westside

 

Mania Technologie

- 5289 NE Elam Young Parkway | 5,289 SF

Stanley Convergent – Pacific Corp Ctr | 15495 SW Sequoia Pkwy | 6,145 SF

Vancouver

 

Wilder Technologies – Creekside Biz Park | 6101-A East 18th | 3,200 SF

 

SustainDex (Environmental|Sustainable/Clean/Bio Tech)

Vancouver

Christ Water Technology – Quad 205 | 4018 NE 112th, D-2 | 1,036 SF renew 

 

In Other News….

Finally announced publicly today (the folks in commercial real estate have been tracking this big tenant for a while), Vestas Wind Systems A/S intends to occupy a 500,000 SF headquarters building in Portland, consolidating numerous operations throughout the area into one location.

Congratulations to local start up EarthClass Mail for successfully opening a retail location in Los Angeles, offering a Santa Monica mailing address.

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