Local Real Estate Fund Hits Wall
According to an article in the Saturday edition of the Oregonian, SKB will be halting all payments from a private equity fund to investors. SKB (ScanlanKemperBard Companies) is a well-known real estate firm with a portfolio of properties covering the West Coast. SKB was in the news last September for the sale of four commercial properties that included the American Bank Building in downtown Portland for just over $63M. This recent announcement is a significant change in position from just one year ago, when SKB was successfully raising money for a new fund and demonstrates how the economic conditions are rapidly spreading beyond banking and the automotive industry.
TechDex (apps|provider|hardware|var)
OpenOnline – Water Tower | 5330 SW Macadam Ave. | 1,247 SF
Witt Company – Barbur Biz Ctr | 9570 SW Barbur Blvd | 4,140 SF
J/FIT.com – 900 Tech Center Dr. Bldg 28 | 4,000 SF
MediaDex (traditional|digital|research)
Unifusion – Morrison Plaza | 1411 SW Morrison St. | 2,024 SF
Citrus – Olympic Mills Com. Ctr. | 107 SE Washington St. | 3,650 SF
HealthDex (hospital/provider|managed care|product provider)
Senior Info Center – River Forum 1 | 4380 SW Macadam Ave. | 1,118 SF
Pacific Medical Inc. – 2675 NW Thurman St. | 2,225 SF
Legacy Health System – Pollock Building | 412 “A” Ave. | 7,300 SF
Westlake Chiropractic – Westlake Village | 14511 Westlake Dr. | 1,872 SF
Kaiser Foundation – One Town Ctr | 10163 SE Sunnyside Rd. | 6,806 SF
Parrott Creek Child/Family Svs – 1001 Molalla Ave. | 2,443 SF
The ft.² Report 