Waldenbooks, a division of Borders, is closing 200 stores nationwide and eliminating 1,500 jobs. The stores have been closing down, 66 a year on average, since 2001. Following this latest round of closures in January 2010, there will be 130 stores remaining. The typical Borders store size is 25,000 square feet while Waldenbooks runs closer [...]
Posts Tagged ‘retail space’
On Waldenbooks
Posted in commercial real estate, downsizing, Forecast, lease, oregon, portland, rental rate, retail brokerage, square feet, Trends, Vacancies, vancouver, tagged borders books, closures, commercial real estate, downsizing, rent per square foot, retail space, square feet, store closing, waldenbooks on November 14, 2009 | Leave a Comment »
Who’s On The Move – Week Ending 11/06/09
Posted in building sale, commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, retail brokerage, square feet, vancouver, tagged acumed, byers hurlburt, commercial real estate, lease, morones young, office space, portland metro association of realtors, rental rate, retail space, solar city, square feet, tri state employment, umpqua on November 9, 2009 | Leave a Comment »
SustainDex (environmental|sustainable|clean/bio tech) Eastside Sustainable NW Wood – 225 SE Division Pl | 7,500 SF Solar City – Airport Biz Ctr | 6645 NE 78th | 855 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Umpqua Investments – Lakeview Village | 385 SW First | 2,941 SF Morones Young Valuations – 625 SW Broadway | 2,704 SF [...]
Blockbuster to start closing stores – big shock really?
Posted in building sale, commercial real estate, downsizing, lease, retail brokerage, square feet, Trends, tagged 8k form, blockbuster, closures, commercial real estate, lease, retail space, square feet on September 17, 2009 | Leave a Comment »
It’s not really a surprise that Blockbuster Video has filed an 8k form to begin closing a ton of stores around the country. With the onset of Netflix and other options that allow more flexibility (I don’t have to get out of my chair at home) for home movie viewing, it was just a matter [...]
High Times For Tenants in 2010
Posted in building sale, commercial real estate, data centers, downsizing, Forecast, lease, new office, office brokerage, office space, oregon, portland, retail brokerage, square feet, start up, sublease, Trends, Vacancies, vancouver, tagged commercial loans, commercial real estate, cost basis, DCR, debt coverage ratio, lease, loan to value, LTV, office space, retail space, tenants on September 15, 2009 | Leave a Comment »
Many industry experts are predicting 2010 as one of the best year’s for tenants in a long, long time. Why? Because as more commercial properties exchange hands (whether through foreclosure or preemptive moves by distressed owners/banks) the cost basis for new owners will be significantly lower than for the previous asset holders. This will, in turn, push rents [...]
Who’s On The Move – Week Ending 5/22/09
Posted in build to suit, commercial real estate, Green Building, headquarters, lease, LEED, new office, office brokerage, office space, oregon, portland, square feet, tagged commercial real estate, for lease, holst architecture, LEED, office space, pearl district, retail space, unum, venne, world headquarters, ziba on May 26, 2009 | Leave a Comment »
ZIBA HQ INTERIOR SNEAK PREVIEW Recently, I had a chance to see the interiors of the new Ziba Headquarters Building in the Pearl District. The building is slated for completion and occupancy in August with Ziba taking the entire 2nd floor and 3rd floors. The interior design reminds me a bit of the Weiden+Kennedy offices with floating [...]