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.
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Posts Tagged ‘portland’
Portland Tied for Lowest Office Vacancy in the U.S.
Posted in building sale, commercial real estate, lease, new office, office brokerage, office space, oregon, portland, renewal, rental rate, square feet, start up, Trends, Vacancies, tagged commercial real estate, lease, portland, rental rate, square feet on October 17, 2013| 1 Comment »
Portland Chart of the Week – Fighting For Manufacturing
Posted in commercial real estate, Forecast, lease, oregon, portland, renewal, square feet, Trends, vancouver, tagged chart of the week, commercial real estate, GDP, lease, portland, rental rates, square feet, squarefeetpdx, vancouver on March 22, 2013| Leave a Comment »
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
Portland Chart of the Week – Women Entrepreneurs and Forbes 100 Most Promising
Posted in commercial real estate, oregon, portland, square feet, start up, vancouver, tagged act on software, chart of the week, commercial real estate, elemental technologies, jama software, jones lang lasalle, portland, squarefeetpdx, startup on March 15, 2013| Leave a Comment »
Jones Lang LaSalle Portland creates a Chart of the Week (fondly coined the COW) which shows various trends and change in our area vs. the rest of the U.S. When it comes to technology, food, and transportation we often rank near the top. This week, in addition to some noteworthy technology firms gaining traction on the national scene, Portland also ranked high for women entrepreneurs.
Forbes Most Promising Tech Firms and Women Entrepreneurs
Who’s On The Move – Two Weeks Ending 06/09/12
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, renewal, rental rate, square feet, start up, Vacancies, vancouver, tagged academy mortgage, advantel, applied materials, clear channel, commercial real estate, concannon lumber, diversified consultants, ecozoom, first tech credit union, forbes optical, gafco properties, grant gehrmann, ibm, jenkon, lease, legacy health, life safety corp, mainstreet software, MP event productions, nxp sm, office space, pacific nw renal, pacific states marine fisheries, portland, precision lumber, rental rate, schulte anderson, square feet, squarefeetpdx, sr smith, sublease, susan gregg, technocom, thenell law, thinktype, usf reddaway, vancouver, vendscreen, voyager on June 9, 2012| Leave a Comment »
TechDex (apps|provider|hardware|var)
EcoZoom – U-Store West | 2820 NW Nela St | 2,389 RSF
Elemental Technologies – Broadway Commons | 225 SW Broadway | 16,730 RSF
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
Vendscreen – Cascade Station | 9600 NE Cascades Pkwy | 5,637 RSF
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)
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)
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
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
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
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)
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
Oregon Eye Specialists – Willamette Park Plaza | 6420 SW Macadam Ave | 3,673 RSF
GovDex (government)
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
Who’s On The Move – Two Weeks Ending 05/25/12
Posted in building sale, commercial real estate, Green Building, headquarters, lease, new office, office brokerage, office space, oregon, portland, renewal, rental rate, retail brokerage, square feet, sublease, Trends, Vacancies, vancouver, tagged active telesource, azad, commercial real estate, d hawes & associates, duggal, kerns & thompson, lease, medallion forest products, medical staffing network, norpac, office space, pacific nw renal, portland, renewal, rental rate, square feet, squarefeetpdx, start up, sublease, synergy business solutions, US Forest Service, vancouver on May 29, 2012| Leave a Comment »
GovDex (government agencies)
US Forest Service – Gifford Pinchot Building | 10600 NE 51st Circle | 40,664 RSF renewal
GeneralBizDex (consulting|finance|insurance|legal|other)
Norpac – Arneson Building | 4350 SW Galewood Rd | 20,844 RSF
D. Hawes & Associates – Hilltop Business Ctr | 7360 SW Hunziker Rd | 2,003 RSF
Kerns & Thompson – Harrison Square | 1800 SW First Ave | 7,100 RSF
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)
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)
Medical Staffing Network – Riverside Centre | 5100 SW Macadam Ave | 2,345 RSF
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
Who’s On The Move – Two Weeks Ending 05/04/12
Posted in build to suit, commercial real estate, headquarters, lease, office brokerage, office space, oregon, portland, renewal, rental rate, square feet, start up, tagged beaverton eye health, bridgetown physical therapy, commercial real estate, FBI, inforgroup northwest, JEC, lease, office space, OHSU, portland, renewal, rental rate, River Network, squarefeet, sublease, summer college, syn-apps, vancouver, zoomcare on May 5, 2012| Leave a Comment »
TechDex (apps|provider|hardware|var)
Syn-Apps – 1100 Building | 1100 NW Glisan St | 2,617 RSF
NonProfDex (charitable|education|trade assoc)
Summer College – 8338 NE Alderwood | 8,827 RSF
Democratic Party of Oregon – Hall Retail Plaza | 10120 SW Hall Blvd | 2,730 RSF
GeneralBizDex (consulting|finance|insurance|legal|other)
InfoGroup Northwest – One Centerpointe | 1 Centerpointe Drive | 3,948 RSF
JEC – Columbia Tech Center | 1499 SE Tech Ctr Pl | 1,764 RSF
HealthDex (hospital/provider|managed care|equipment)
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
Beaverton Eye Health – Progress Ridge Town Sq | SW Murray Blvd & Barrows Rd | 1,213 RSF
SustainDex (environmental|sustainable|clean/bio tech)
River Network – Police Building | 209 SW Oak St | 3,365 RSF
GovDex (government)
FBI – Cascade Station | 9109 NE Cascades Parkway | 134,159 RSF new construction
Who’s On The Move – Two Weeks Ending 04/20/12
Posted in commercial real estate, downsizing, lease, new office, office brokerage, office space, tagged campus marketing specialists, commercial real estate, forensic research & analysis, Garmont, guardian residential, kennedy jenks, lease, multnomah county defenders, office space, portland, portland monthly, renewal, rental rate, saga city, snow peak, square feet, sublease, thenell law group on April 20, 2012| Leave a Comment »
DesignDex (A/E|apparel|graphic d)
Snow Peak – Dale Building | 410 NW 14th Ave | 10,000 RSF
Garmont – 308 NW 11th Ave | 2,101 RSF renewal
Kennedy/Jenks – 200 Market Bldg | 200 SW Market St | 14,500 RSF downsize
MediaDex (traditional|digital|research)
Saga City (Portland Monthly) – Pittock Block | 921 SW Washington St | 11,850 RSF
Forensic Research & Analysis – Gregory Building | 425 NW 10th | 2,200 RSF
Campus Marketing Specialists – Yamhill Plaza | 815 SW Second Ave | 1,730 RSF
GeneralBizDex (consulting|finance|insurance|legal|other)
Multnomah County Defenders – Lloyd Corp Plaza | 847 NE 19th | 3,968 RSF
Guardian Residential Lending – One Main Place | 101 SW Main St | 2,400 RSF sublease
Thenell Law Group – Pacific Parkway Ctr | 12909 SW 68th Pkwy | 3,400 RSF
National Real Estate Investor- Six Must Reads for the CRE Industry Today (October 17, 2019) October 17, 2019The Federal Reserve’s Beige Book shows the U.S. economy slowing at a modest pace, reports MarketWatch. SoftBank, J.P Morgan Chase are both submitting bids to bailout WeWork, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
- Six Must Reads for the CRE Industry Today (October 17, 2019) October 17, 2019
- JLL GreenBlog
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- Retail Traffic
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