Feeds:
Posts
Comments

Archive for the ‘Forecast’ Category

Industrial Development Increases in Sunset Corridor

Read Full Post »

Oregon ranks #1 among the states when it comes to the portion of the GDP which can be attributed to manufacturing. Oregon’s manufacturing, specifically durable goods, continues to be a strong contributor to our economy. Durable good manufacturing is very cyclical and jobs are directly tied to overall output. This will bode well for Oregon’s employment as production continues to accelerate.  A trend of expanding and bringing manufacturing back into the states, “reshoring”, has recently been seen in Portland by the likes of Oracle and Shimadzu.

OR GDP is 29% manufacturing

OR GDP is 29% manufacturing

Read Full Post »

Oregon ranked #2 for inbound residential migration, just behind Washington D.C.  One might consider D.C. a bit of a salad spinner given the primary employment is government and that rotates frequently.  New Portland residents are moving from:

1. California

2. Texas

3. Arizona

4. Illinois

5. New York

COW_Portland_February 21_

Read Full Post »

The Skyline market for Portland, Oregon is defined as the major market movers, or those assets that have a significant impact due to their size, quality of space or iconic status. Averaging 430,000 square feet, all buildings included offer Class A space and are situated in the most prominent, highly desired locations. Among the key indicators for inclusion or exclusion in this set are rent levels and/or value levels. The current threshold requires that buildings consistenly garner rents greater than $25.00/RSF full service gross and achieve the highest sales prices in the Portland market (generally in excess of $300/RSF). Due to the increasingly competitive Portland, Oregon office market, the scale for rents and sale prices will fluctuate from time to time and buildings will be added and removed from this segment of the market.

Jones Lang LaSalle (NYSE:JLL)

Portland_Skyline_Winter_2012

Read Full Post »

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

Central Business District

Thompson Kessler Wiest – Columbia Square | 111 SW Columbia St | 7,537 RSF

Davis Wright Tremaine – Wells Fargo Center | 1300 SW Fifth Ave | 59,048 RSF renewal/downsize

SKB – Ziba HQ Building | 1044 NW 9th Ave | 8,954 RSF

Vancouver

The Logs Group – One Tech Center | 1499 NE Tech Center Dr | 3,677 RSF

Suburban Propane – One Tech Center | 1499 NE Tech Center Dr | 2,617 RSF

Berendsen Fluid Power – 7200 NE 41st St | 1,980 RSF

Westside

RMT International – Kruse Woods II | 5335 Meadows Rd | 3,843 RSF

GovDex (government agencies)

Vancouver

Clark County Prosecuters Office – 800 Franklin St | 6,000 RSF

TechDex (apps|provider|hardware|var)

Central Business District

ELC Technologies – Marine Building | 1771 NW Quimby Ave | 4,400 RSF

Jama Software – Ziba HQ Building | 1044 NW 9th Ave | 12,513 RSF

Eastside

Roku – Olympic Mills | 107 SE Washington St | 1,696 RSF

Westside

FEI – 5665 B NW Wagon Way | 21,000 RSF

Sirius Computer – Kruse Woods V | 5885 Meadows Rd | 9,115 RSF

SustainDex (environmental|sustainable|clean/bio tech)

Vancouver

Hancock Forest Management – Columbia Tech Center | Building 217 | 6,899 RSF renewal

HealthDex (hospital/provider|managed care|equipment)

Westside

Pacific Imaging – Westridge Park | 5201 SW Westgate Dr | 1,000 RSF

SALES

Buyer: Morrison Child and Family Services

Seller: Verizon Business Services

Address: 11035 NE Sandy Blvd, Portland, OR

Size: 22,400 RSF

Price: $1,000,000 or $44.64/RSF

 

Buyer: Teufel Brothers Enterprises

Seller: LB/VCC OR-Hillsboro

Address: 3401 NW John Olsen Rd, Hillsboro, OR

Size: 16,854 RSF

Price: $1,516,860 or $90.00/RSF

Read Full Post »

MediaDex (traditional|digital|research)

Central Business District

ROC Group – Morgan Building | 720 SW Washington St | 1,357 RSF

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

Central Business District

Stephen Vincent Jewelers – Fifth Avenue Building | 1400 SW Fifth Ave | 5,787 RSF

Vancouver

Clark CountyProsecuting Attorneys, Child Support – Franklin Building | 800 Franklin St | 6,000 RSF

Ray Krueger – East 18th Street Biz Pk | 5601 E 18th St | 2,400 RSF

Westside

Cleland Woolworth Capital – Kruse Way | 5800 Meadows Rd | 3,313 RSF renewal

AMS Legal PC – Kruse Woods II | 5005 Meadows Rd | 2,827 RSF

Premier Property Group – Kruse Way | 5000 Meadows Rd | 2,801 RSF

Riverside Homes – Tanasbourne Commons | 17933 NW Evergreen Pkwy | 3,571 RSF

NonProfDex (charitable|educational|trade assoc)

Westside

Northwest College – 4200 SW Watson and 4225 SW Hall St | 13,400 RSF

Encore Performing Arts Center – Parkside Biz Ctr | 7700-7704 SW Nimbus Ave | 3,745 RSF

Central Business District

Disability Rights Oregon – 610 SW Broadway St | 6,767 RSF

HealthDex (hospital/provider|managed care|equipment)

Westside

Metropolitan Pediatrics – Commons Building/Cornell Oaks | 15455 NW Greenbrier Pkwy | 17,439 RSF

Eastside

OsteoArthritis Centers of America – Sunnyside Plaza | 10001 SE Sunnyside Rd | 3,766 RSF

SustainDex (environmental|sustainable|clean/bio tech)

Central Business District

Anchor QEA – Commonwealth Bldg | 421 SW Sixth Ave | 4,621 RSF

 

Read Full Post »

DesignDex (A/E|apparel|graphic d)

Westside

Nike – Woodside Corp Park | 15100 SW Koll Pkwy | 26,000 RSF

Tetra Tech – Hawthorn Biz Park | 5293 NE ElamYoung Pkwy | 4,367 RSF

TechDex (apps|provider|hardware|var)

Central Business District

Crowd Factory – Oregon Trail Building | 333 SW Fifth Ave | 4,095 RSF renewal

Barefoot Sound – 1710 NW Upshur St | 8,500 RSF

Westside

AIVEA – Amberglen | 1600 NW Compton Dr | 3,793 RSF

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

Central Business District

Randstad – Unitus Plaza | 1300 SW Sixth Ave | 2,700 RSF

Scherzer Strom & Shaw – Commonwealth Bldg | 111 SW Fifth Ave | 3,131 RSF

Mitsui – US Bank Tower | 111 SW Fifth Ave | 1,696 RSF

Vancouver

WPE – Vancouver Biz Pk | 3315 NE 112th | 3,000 RSF

Read Full Post »

Older Posts »