Ok, so it’s no Ferrari-like speeds for the commercial real estate market recovery, but the first signs of some promising momentum comes on the distressed properties track. For the past 2+ years distressed property offerings have sat pretty much untouched while buyers tried to determine the best time to re-enter the market (ie. when values hit bottom and stabilized). It [...]
Posts Tagged ‘rental rates’
Who’s On The Move – Week Ending 10/2/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, vancouver, tagged bank of america, benefit partners, columbia tech center, east2west studios, Eastridge Business Park, epicor, H5 ventures, kruse woods II, lease, lease rates in portland, new office space, northwest reading clinic, oak tree insurance, office space, pacific corporate center, rental rates, sacagawea, square feet, washington state auditors office on October 5, 2009 | Leave a Comment »
TechDex (apps|provider|hardware|var) Westside Epicor – Pacific Corp Center | 6650 SW Redwood Lane | 3,517 SF renewal MediaDex (traditional|digital|research) Central Business District East2West – 4815 SW Macadam Ave | 5,100 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Benefit Partners – Bank of America | 121 SW Morrison | 2,450 SF H5 Ventures – Macadam Center | [...]
Who’s On The Move – Week Ending 8/7/09
Posted in commercial real estate, Forecast, headquarters, lease, LEED, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, Trends, Vacancies, vancouver, tagged auctionpay, bradshaw international, commercial real estate, lease, northstar consultants, office buildings, office space, oregon education association, plas2fuel, relocation, renewal, rental rates, square feet, strategic investment group, sublease, trammell crow residential on August 10, 2009 | Leave a Comment »
NonProfDex (charitable|education|trade assoc) Eastside Oregon Education Assoc. – MMC Building | 333 SW 223rd, Gresham | 3,445 SF TechDex (apps|provider|hardware|var) Westside AuctionPay – Tigard Triangle Corp Ctr | 13221 SW 68th | 14,580 SF renewal MediaDex (traditional|digital|research) Central Business District Bradshaw International – 4800 SW Macadam | 2,794 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Strategic Investment Group [...]
Blend and Extend Option Offers Rent Relief
Posted in commercial real estate, downsizing, Forecast, lease, new office, office brokerage, office space, square feet, start up, Trends, tagged blend and extend, extension, lease, office space, renewal, rental rates, square feet, sublease, tenants on August 3, 2009 | Leave a Comment »
Tenants may have the opportunity to take advantage of lower rental rates through a process termed “Blend and Extend”. What this means is that tenants with two years or less left on a lease can secure lower rent today in exchange for extending their lease for an additional three to five years. Tenants achieve an [...]
Vancouver SnapShot
Posted in build to suit, building sale, commercial real estate, downsizing, Forecast, headquarters, lease, new office, office brokerage, office space, square feet, start up, sublease, Vacancies, vancouver, tagged cascade park, CBD, evergreen plaza, lease, nautilus, office space, rental rates, square feet, vacancy, vancouver on July 30, 2009 | Leave a Comment »
Our Second Quarter Report for the Vancouver submarket is out and the news is less than uplifting. All of the Vancouver submarkets are now in double digit territory for vacancy rate. Rental rates are still on a steady decline while tenant improvement allowances are becoming more challenging to pencil out for landlords. Lease terms are shorter, 2-3 years, [...]
Commercial Real Estate Update: Office Space Opportunities
Posted in commercial real estate, office brokerage, office space, Trends, tagged commercial real estate, credit market, landlords, leasing, occupancy, office properties, office space, renewals, rental rates, square feet, tenants, vacancy on March 18, 2009 | Leave a Comment »
Office Leasing : Advantage Tenant Recent reports are saying the same thing: the office market is fast becoming a tenant’s market. Nationwide, the vacancy rate rose steadily through 2008 with a spike toward the end of the year. This increase in vacancy is applying downward pressure on rental rates, decreasing occupancy costs, and increasing the [...]