It would appear my previous concerns over Vestas actually building a 500,000 SF office tower in Portland are, alas, valid. They announced today the possibility of layoffs in the coming months despite a 51% increase in revenues. This sounds like a shot out over the bow to me. For the full story from the Portland Business [...]
Posts Tagged ‘vestas’
Vestas Fires Warning Shot
Posted in Uncategorized, tagged business journal, layoffs, office building, oregon, portland, square feet, vestas on February 11, 2009 | Leave a Comment »
The Vestas Love Affair Continues…
Posted in build to suit, commercial real estate, Green Building, headquarters, LEED, tagged CBD, portland, rent, square feet, vacancy rate, vestas, wall street journal on December 10, 2008 | Leave a Comment »
It appears the Wall Street Journal has taken notice of the Portland-Vestas Wind Systems love affair, announcing the 500,000 SF headquarters decision I blogged about in an earlier post. Vestas has expanded into an additional 18,000 SF at Harrison Square (1800 SW First Avenue) bringing their total square footage across three buildings between Naito Parkway and First [...]
Who’s on the Move? – Week Ending 11/28/08
Posted in commercial real estate, office brokerage, tagged axiom, clean tech, commercial real estate, Creekside Business Park, earth class mail, garagegames, hardware, hillsboro, lease, location, mania technologie, new office, office space, portland, Quad 205, rate, relocated, software, square feet, technology, vancouver, vestas, wilder technologies 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 [...]