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Archive for the ‘build to suit’ Category

Industrial Development Increases in Sunset Corridor

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Dachis Group (formerly XPLANE and StepChange) made a move into downtown Portland from the Pearl District in early Spring (March/April), effectively doubling their office space. Merging two companies under one roof was no easy task, so it was key that everyone felt the new office space supported the culture of the firm in Portland. 

After an extensive search, a location was identified in the Commonwealth Building on SW Sixth Avenue. It is on the ground floor and has its own entrance and a mezzanine level. Previously occupied by an architecture firm, the space features exposed concrete ceilings, huge windows and an old safe. The look ties nicely to the creative vibe Dachis desires.  The location places them in close proximity to mass transit, food carts, and all the energy of the downtown core.

A major build out included 7-8 small conference/collaborative workrooms and 2 large conference/presentation rooms.  An extensive kitchen with adjoining lounge to accommodate ping pong and shuffleboard was added to create a relaxing and fun hang out area for everyone. The mezzanine level is a winding curve shape affixed atop several large concrete pillars and provides some interesting opportunities for peeking down onto common areas.  A fading frosted glass technique was used on the windows to prevent pedestrian traffic from seeing in while still allowing natural light into the space. Building amenities include a fitness center, showers, lockers and secured bike storage for those who commute on two wheels.

All in all, one very cool space for thinking creatively.

Client: Dachis Group

Building: Commonwealth Building

Address: 421 SW Sixth Avenue, Portland, OR

Size: 18,097 RSF

dachis open workstations

view of fading frosted windows

mezzanine dev workstations

lounge area

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TechDex (apps|provider|hardware|var)

Central Business District

Syn-Apps – 1100 Building | 1100 NW Glisan St | 2,617 RSF

NonProfDex (charitable|education|trade assoc)

Eastside

Summer College – 8338 NE Alderwood | 8,827 RSF

Westside

Democratic Party of Oregon – Hall Retail Plaza | 10120 SW Hall Blvd | 2,730 RSF

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

Westside

InfoGroup Northwest – One Centerpointe | 1 Centerpointe Drive | 3,948 RSF

Vancouver

JEC – Columbia Tech Center | 1499 SE Tech Ctr Pl | 1,764 RSF

HealthDex (hospital/provider|managed care|equipment)

Central Business District

Zoomcare – Standard Insurance Ctr | 900 SW Fifth Ave | 1,800 RSF

OHSU – Fifth Avenue Bldg | 1400 SW Fifth Ave | 8,227 RSF

Bridgetown Physical Therapy – Crown Plaza | 1500 SW First Ave | 4,429 RSF

Westside

Beaverton Eye Health – Progress Ridge Town Sq | SW Murray Blvd & Barrows Rd | 1,213 RSF

SustainDex (environmental|sustainable|clean/bio tech)

Central Business District

River Network – Police Building | 209 SW Oak St | 3,365 RSF

GovDex (government)

Eastside

FBI – Cascade Station | 9109 NE Cascades Parkway | 134,159 RSF new construction

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

Westside

Noreen Spiegel, CPA – Hampton Oaks | 6665 SW Hampton Dr | 1,602 RSF

Hasson Co. – Peterkort II | 9755 SW Barnes Rd | 3,702 RSF

Guild Mortgage – 15540 SW Boones Ferry Rd | 4,285 RSF

CellMark –  300 Oswego Pointe Dr | 2,235 RSF

Zupancic Rathbone – Kruse Way | 4949 Meadows Rd | 7,060 RSF

Central Business District

Compensation Systems NW – Marquam Building | 2501 SW First Ave | 2,767 RSF

Stratus Building Solutions – 5410 SW Macadam Ave | 2,156 RSF

Miller Nash – US Bancorp Tower | 111 SW Fifth Ave | 56,379 RSF extension

Cosgrave Vergeer Kester – Pioneer Tower | 888 SW Fifth Ave | 23,187 RSF

Vancouver

Avalar West Realty – SR 500 Commerce Ctr | 5500 NE 109th Ct | 1,177 RSF

DesignDex (A/E|apparel|graphic d)

Westside

Columbia Sportswear – 1260 NW Waterhouse Ave | 24,073 RSF

Gallagher Designs – 10850 SW 11th | 30,224 RSF

Eastside

M&F Marketing – Olympic Mills CC | 107 SE Washington St | 4,871 RSF

CIP Marketing – Olympic Mills CC | 107 SE Washington St | 1,591 RSF

Don Cushing Assoc – Olympic Mills CC | 107 SE Washington St | 1,005 RSF

HealthDex (hospital/provider|managed care|equipment)

Westside

Amedisys Oregon – Fanno Creek Place, B | 16083 SW Upper Boones Ferry | 3,383 RSF

David Baker, DMD – 1585 SW Marlow St | 2,364 RSF

Eastside

Cascadia Behavioral Health – 7525 SE Lake Rd | 5,200 RSF

MediaDex (traditional|digital|research)

Central Business District

Evergreen Economics – 1020 SW Taylor St | 2,129 RSF

TechDex (apps|provider|hardware|var)

Vancouver

Dealerships IDS – The Glen | 3400 SE 196th AVe | 2,122 RSF

Artronix Computer Solutions – SR 500 Commerce Ctr | 5501 NE 109th Ct | 1,340 RSF

Online Support – SR 500 Commerce Ctr | 5501 NE 109th Ct | 987 RSF

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HealthDex (hospital/provider|managed care|equipment)

Central Business District

Wellness Annex – Water Tower | 5331 SW Macadam Ave | 1,052 RSF

Vancouver

Adventist Medical Center – Fishers Landing Med/Dent Bldg | 417 SE 164th | 10,500 RSF

Manual Medicine & Rehab Ctr – Mill Plain Plaza | 5000 E Fourth Plain | 2,785 RSF

Westside

CrossFit Recon – Sunset Highway Biz Ctr | 23650 NW Clara Lane | 2,823 RSF

NW Scrubs Inc – Beaverton Creek | 3003 SW 153rd Dr | 2,053 RSF

Central Business District

The Portland Clinic – Marquam Building | 2501 SW First Ave | 4,649 RSF

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

Eastside

General Steamship – 1500 Plaza | 1500 NE Irving St | 2.030 RSF renewal

STX Pan Ocean – 1500 Plaza | 1500 NE Irving St | 1,429 RSF

Caroline Cantrell – 1500 Plaza | 1500 NE Irving St | 2,145 RSF renewal

Central Business District

Union Bank of Cal Global Custody – Union Bank of Cal Bldg | 707 SW Washington | 28,445 RSF renewal

Westside

Ameriprise – 9665 SW Allen Blvd | 2,200 RSF

Probity Builders – 4800 SW Griffith | 2,604 RSF sublease

Liberty Mutual Insurance – Amberglen | 1925 NW Amberglen Pkwy | 12,295 RSF

TechDex (apps|provider|hardware|var)

Vancouver

NXP Semiconductor – Park Tower Biz Ctr | 201 NE Park Plaza Dr | 1,240 RSF renewal

Central Business District

CrossCurrent – Water Tower | 5331 SW Macadam Ave | 3,605 RSF renewal

SustainDex (environmental|sustainable|clean/bio tech)

Central Business District

First Wind Energy – Public Service Building |920 SW Sixth St | 2,137 RSF

SALE

Property: 6140 SW Macadam Ave, Portland, Oregon 97239

Buyer: G&B Macadam

Seller: Sunset Fuel

Type: Industrial Site

Price: $2.5 Million

Size: 22,406 RSF

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TechDex (apps|provider|hardware|var)

Central Business District

ELC Technologies – 1771 NW Pettygrove | 4,400 RSF

Enable TV – Century Tower | 1201 SW 12th Ave | 4,235 RSF

CompanionLink – Paulson Building | 811 SW Naito Pkwy | 1,853 RSF expansion

The Good – Raleigh Square | 1603-1625 NW 14th | 3,250 RSF

Vancouver

PCB Universe – Crestwood Biz Ctr | 11818 NE Mill Plain Blvd | 2,112 RSF

HealthDex (hospital/provider|managed care|equipment)

Central Business District

Education Solutions – River Forum I | 4380 SW Macadam | 2,211 RSF

Westside

Western Psychological & Counseling Svs – Cornell West | 1500 NW Bethany | 4,281 RSF

Eastside

Mt. Scott Surgery Center – Mt. Scott Prof. Ctr II | 9300 SE 91st | 7,574 RSF

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

Westside

VergePointe LLP – Kruse Woods I | 5283 Meadows Rd | 5,546 RSF renewal

Pacific Legacy Mortgage – One Embassy | 9020 SW Washington Sq Rd | 6,937 RSF

Knipe Realty NW – Bridgeport Crossing | 7420 SW Bridgeport Rd | 5,063 RSF

Northwest Mortgage – One Willow Creek | 16100 NW Cornell Rd | 3,643 RSF renewal

J.J. Henri – Lake Oswego Exec Park | 5755 SW Jean Rd | 3,497 RSF

Resource Financial Planning – Fairway Center | 9115 SW Oleson Rd | 2,492 RSF renewal

Ohanesian & Associates – 9011 SW Beaverton Hillsdale Hwy | 1,364 RSF

Central Business District

NBS Real Estate Capital – Bank of America Financial Ctr | 121 SW Morrison | 4,552 RSF renewal

Legacy Group Lending – Bank of America Financial Ctr | 121 SW Morrison | 4,824 RSF

NonProfDex (charitable|education|trade assoc)

Central Business District

Portland Community College – Dayton Building | 838 SW First Ave | 2,077 RSF

DesignDex (A/E|apparel|graphic d)

Westside

ATC Group Services – 7070 SW Fir Loop | 2,644 RSF

Evergreen Engineering – One Technology Ctr | 7431 NE Evergreen Pkwy | 17,020 RSF renewal

Thorson Pacific – Lincoln Center | 10300 SW Greenburg Rd | 1,873 RSF

SustainDex (environmental|sustainable|clean/bio tech)

Eastside

LabFX – I-84 Corp Center | 1062 NW Corporate Drive | 1,495 RSF

FunDex

Westside

Lake Oswego Soccer Club – Lake Oswego Exec Park | 5775 SW Jean Rd | 2,125 RSF

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

Vancouver

Fiji Sales & Marketing – Quad 205 |  10906-11012 NE 39th St | 1,875 SF renewal

Lee & Hayes PLLC – Main Place | 1111 Main Place | 2,439 SF

Vancouver Defenders – 500 W Eighth St | 4,944 SF

Washington Federal Savings Bank – Columbia Square II | 13411 SE Mill Plain Blvd | 1,500 SF

Eastside

NW Property Wholesalers – 16834 NE Mason Court | 4,000 SF

TechDex (apps|provider|hardware|var)

Westside

Applied Technical Services – 7015 SW McEwan Rd | 5,750 SF

Central Business District

Deck Monitoring – Pang Building | 830 SW 10th Ave | 5,696 SF sublease

Vancouver

Intelligent Technologies – Quad 205 | 10906-11012 NE 39th St | 4,425 SF renewal

DirecTV – Pacific Industrial Commons | 14511 NE 13th Ave | 20,130 SF

Renaissance Learning – Greenwood Office Bldg | 7710 NE Greenwood Ave | 688 SF sublease

Eastside

Sprint – Halsey Corners | 1762 N 181st Ave | 1,700 SF

HealthDex (hospital/provider|managed care|equipment)

Westside

Restore Vision Centers – 17400 SW Upper Boones Ferry Rd | 2,363 SF

NonProfDex (charitable|education|trade assoc)

Westside

Oregon Manufacturing Extension Partnership – Pacific Pkwy Ctr | 12909 SW 68th Pkwy | 1,941 SF

SALE

Location: 12360 E Burnside Street, Portland, Oregon

Seller: Fidelity National Title Insurance Co.

Buyer: Watumull Properties

Size: 16,120 RSF

Price: $1.35 Million ($83.75/SF)

Tenant in Place: NARA (Native American Rehabilitation Association) NW

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