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Archive for the ‘rental rate’ Category

COW_Portland_September29

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Tied with San Francisco, but considerably more affordable, Portland registered an Overall Office Vacancy Rate of 11.2%, the lowest level since the peak of activity in 2008.

Tied with SanFran for lowest office vacancy

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TechDex (apps|provider|hardware|var)

Central Business District

EcoZoom – U-Store West | 2820 NW Nela St | 2,389 RSF

Elemental Technologies – Broadway Commons | 225 SW Broadway | 16,730 RSF

Westside

Technocom – Canyon Creek | 7929 Burns Way – Wilsonville | 10,360 RSF

Mainstreet Software – Nimbus Corp Ctr | 9600 SW Nimbus Ave | 3,635 RSF

IBM – Amberglen Corp Ctr | 1385 NW Amberglen Pkwy | 24,807 RSF

Clear Channel – Triangle Pointe | 1333 SW 68th Pkwy | 25,859 RSF

USF Reddaway – SouthCenter – Bldg H |7720 SW Mohawk St | 24,113 RSF

Applied Materials – AmberGlen Business Ctr | 20575 NW Von Neumann Dr | 20,637 RSF

Eastside

Vendscreen – Cascade Station | 9600 NE Cascades Pkwy | 5,637 RSF

Vancouver

Advantel – VancouverCenter | 700 Washington St | 3,230 RSF renewal

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

Jenkon – Park Tower Biz Ctr | 203 SE Park Plaza Dr | 10,257 RSF

MediaDex (traditional|digital|research)

Central Business District

ThinkType – Lombard Building | 224 SW First Ave | 2,500 RSF

MP Event Productions – Pythian Bldg | 918 SW Yamhill | 10,000 RSF

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

Central Business District

Schulte Anderson Downes Aronson Bittner – Paulson Bldg | 811 SW Naito Pkwy | 8,568 RSF renewal

S.R. Smith LLC – Andrus Building | 227 NW Third Ave | 3,043 RSF

Eastside

Concannon Lumber – Pacific Plaza | 2950 SE Stark St | 3,124 RSF

Land Use Consulting – Whitaker Way Industrial Pk | 13115 NE David Circle | 3,576 RSF

Westside

Thenell Law Group – Pacific Parkway Ctr | 12909 SW 68th Pkwy | 3,400 RSF

Robyn’s Nest Property Mgmt – Murrayhill Marketplace | 14780 SW Osprey Dr | 2,499 RSF

Academy Mortgage – Three Centerpointe | 3 Centerpointe Dr | 2,201 RSF

Life Safety Corp – Sunset Hwy Biz Pk | 23710 NW Clara Lane | 2,953 RSF

Diversified Consultants – SouthCenter | 7575 SW Mohawk St | 12,927 RSF

Voyager Enterprises – Cornell Center | 16155 NW Cornell Rd | 1,794 RSF

Vancouver

Susan Gregg Insurance – The Timbers | 9120 NE Vancouver Mall Loop | 1,275 RSF

Precision Lumber – Park Tower Biz Ctr | 201 NE Park Plaza Dr | 1,786 RSF

Grant Gehrmann Law – Park Tower Biz Ctr | 203 SE Park Plaza Dr | 1,585 RSF

HealthDex (hospital/provider|managed care|equipment)

Westside

Legacy Health – Cornell Medical Plaza | 1960 NW 167th | 13,618 RSF

Forbes Optical – Willamette Marketplace | 2020 W Eighth | 1,871 RSF

Pacific NW Renal Svs – Sunset Oaks Ctr | 5333 W Baseline Rd | 7,234 RSF

Central Business District

Oregon Eye Specialists – Willamette Park Plaza | 6420 SW Macadam Ave | 3,673 RSF

GovDex (government)

Eastside

Pacific States Marine Fisheries – River Park Center | 205 SE Spokane St | 15,407 RSF renewal

SALE

Property: First Tech Credit Union

Address: 3555 SW 153rd Drive, Beaverton, OR

Size: 50,000 RSF

Price: $11,640,000

Buyer: FT Equities

Sellers: 1438 I Street LLC and PKM Properties II LLC

 

 

Property: Macleay Apartments

Address: 1931 NW 29th Avenue, Portland, OR

Size: 14 units

Price: $1,800,000

Buyer: Atherton LLC

Seller: Gafco Properties LLC

 

 

Property: Sara Ann Apartments

Address: 2255 NW Johnson Street, Portland, OR

Size: 16 units

Price: $1,450,000

Buyer: Sara Ann LLC

Seller: Gafco Properties LLC

 

 

Property: Charlotte Rose Apartments

Address: 2235 NW Johnson Street, Portland, OR

Size: 16 units

Price: $1,400,000

Buyer: Charlott Rose LLC

Seller: Gafco Properties LLC

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GovDex (government agencies)

Vancouver

US Forest Service – Gifford Pinchot Building | 10600 NE 51st Circle | 40,664 RSF renewal

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

Westside

Norpac – Arneson Building | 4350 SW Galewood Rd | 20,844 RSF

D. Hawes & Associates – Hilltop Business Ctr | 7360 SW Hunziker Rd | 2,003 RSF

Central Business District

Kerns & Thompson – Harrison Square | 1800 SW First Ave | 7,100 RSF

Eastside

Medallion Forest Products – Portland International Plaza | 8338 NE Alderwood Rd | 2,613 RSF

Active Telesource – Minthorn Business Center | 4099 SE International Way | 11,228 RSF

TechDex (apps|provider|hardware|var)

Westside

Duggal – 15350 SW Sequoia Parkway | 2,577 RSF

AZAD – 217 Corporate Center | 6600 SW 105th Ave | 2,337 RSF

Synergy Business Solutions – PacTrust Business Ctr | 16250 SW Upper Boones Ferry | 4,090 RSF

HealthDex (hospital/provider|managed care|equipment)

Central Business District

Medical Staffing Network – Riverside Centre | 5100 SW Macadam Ave | 2,345 RSF

Eastside

Pacific NW Renal Services – International Corp Ctr | 11909 NE Glenn Widind Dr | 11,850 RSF

 

SALE

Property/type: Industrial and retail

Address: 13921 SW Tualatin Sherwood Rd, Sherwood OR

Size: 60,000 SF

Price: $3,600,000

Buyer: Amerco

Seller: Tercek Properties LLC

 

Property/type: Retail Center

Address: 18540 SW Farmington Rd, Beaverton OR

Size: 9,017 SF

Price: $1,800,000

Buyer: Sun & Khu Kim

Seller: Allen Trust Company for William Angelos

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

Westside

Hansen Hunter – Nimbus Corp Center | 8930 SW Gemini | 7,556 RSF

E-Business International – Beaverton Creek | 3003 SW 153rd | 10,031 RSF

Vancouver

Directors Mortgage – Kirkwood Business Ctr | 2105 NE 129th Ave | 2,566 RSF

TechDex (apps|provider|hardware|var)

Central Business District

Forix – Jefferson Office Park | 2120 SW Jefferson St | 3,093 RSF

Westside

Vishay Intertechnology – Amberglen Business Ctr | 1600 NW Compton | 1,868 RSF

NonProfDex (charitable|education|trade assoc)

Central Business District

Pivot Learning – Electric Building | 621 SW Alder St | 9,000 RSF

HealthDex (hospital/provider|managed care|equipment)

Westside

Diamond Physical Therapy – Jackson Business Ctr | 7800 SW Durham Rd | 7,088 RSF

 

SALE

Property: Arbor Creek Apartments

Address: 3280 SW 170th, Beaverton, Oregon

Size: 440 units

Price: $35,500,000

Seller: Kennedy Wilson

Buyer: Holland Partners Group

 

Property: Kelly Green Apartments

Address: 252 NE Kane Drive, Gresham Oregon

Size: 25 units

Price: $1,520,000

Seller: Jaroslav Hass

Buyer: Kennewick Man LLC

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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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MediaDex (traditional|digital|research)

Vancouver

Integrated Cloud Intelligence – 1331 Washington St | 1,800 RSF

TechDex (apps|provider|hardware|var)

Central Business District

Synotac Design – Oregon Trail Bldg | 333 SW Fifth Ave | 2,366 RSF

Sensory Inc – Design Center | 735 SW 20th Place | 3,637 RSF

Geoloqi – Auditorium Bldg | 920 SW Third Ave | 3,833 RSF

Vizify – Stevens Bldg | 812 SW Washington St | 1,137 RSF

Westside

Ultra Clean Technology Systems – Cascade Square | 8625 SW Cascade | 1,209 RSF

Integrated Surveillance and Defense – Canyon Creek Biz Pk | 25999 SW Canyon Creek | 5,000 RSF

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

Westside

Strategic Wealth Managment – Pacific Financial Ctr | 12205 SW Tualatin Rd | 1,380 RSF

Comprehensive Insurance Svs – 18662 SW Boones Ferry Rd | 1,950 RSF

RP Northwest – 940 SW Beaverton-Hillsdale Hwy | 2,644 RSF

Central Business District

Hart Wagner – 1000 Broadway Bldg | 1000 SW Broadway | 32,862 RSF renewal

Vancouver

GE – Barrett Bldg | 6100 NE Parkway Dr | 6,170 RSF renewal

FunDex

Central Business District

An Affair to Remember – 2121 NW Front Ave | 11,984 RSF

HealthDex (hospital/provider|managed care|equipment)

Westside

No Worries Corp – Nimbus Corp Ctr | 9030 SW Gemini Dr | 3,233 RSF

Central Business District

Therapeutic Associates – Mikado Building | 117 SW Taylor St | 3,610 RSF

 

SALES

Property Type: Industrial

Address: 11316 NE Highway 99, Vancouver, WA

Seller: BMC West Corp.

Buyer: D.E. Legacy LLC

Price: $1.67 M

Size: 18,800 SF

 

Property Type: Industrial – Oregon Spice Warehouse

Address: 13320 NE Jarrett, Portland, OR

Seller: SF 138 LLC

Buyer: 138 Jarrett LLC

Price: $1.7 M

Size: 23,103 SF

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