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Posts Tagged ‘zapproved’

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

Westside

Universal Enterprises – Parkside Biz Ctr | 8018-8034 SW Nimbus Ave | 28,800 RSF

Generic Parts Systems – Arctic Biz Pk I | 10074 SW Arctic Dr | 14,895 RSF

Excel Mortgage – Kruse Woods V | 5335 Meadows Rd | 13,733 RSF

Towers Watson Delaware Inc – Parkside Biz Ctr | 8018-8034 SW Nimbus Ave | 6,206 RSF

TechDex (apps|provider|hardware|var)

Westside

NTI Americas – Tigard Tech Ctr | 7405 SW Tech Ctr Dr | 3,180 RSF

Zapproved – Sunset Center | 19075 NW Tanasbourne Dr | 2,911 RSF

NonProfDex (charitable|educational|trade assoc)

Westside

American Lung Association – Bridgeport Crossing | 7420 SW Bridgeport Rd | 5,063 RSF

SustainDex (environmental|sustainable|clean/bio tech)

Westside

EnergyConnect – Hampton Square | 6950 SW Hampton St | 3,876 RSF

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TechDex (apps|provider|hardware|var)

Central Business District

GarageGames – 618 Building | 618 NW Glisan | 6,500 SF expansion

Westside

InFocus – Triangle Corp Pk Bldg 2 | 13190 SW 68th Pkwy | 18,079 SF

RIM Tec – Oswego Towne Sq | 3 Monroe Pkwy | 3,567 SF

Zapproved – Sunset Center | 19075 NW Tanasbourne Dr | 1,869 SF

Phoseon – Evergreen Business Park | 7425 NW Evergreen Pkwy | 18,603 SF renewal

Vancouver

Netrush.com – Fisher’s Landing Retail Ctr | 16904 SE First St | 1,271 SF

HealthDex (hospital/provider|managed care|equipment)

Eastside

Western Pyschological & Counseling – Civic Plaza | 1700 NW Civic Dr | 4,597 SF

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

Central Business District

Baker Ellis Asset Mgmt – Pacwest Center | 1211 SW Fifth Ave | 1,350 SF renewal

Westside

Southwest Financial – Parkside Biz Ctr | 8252 SW Nimbus Ave | 1,507 SF

First Choice Appraisal – Denney Square | 6700 SW 105th | 1,177 SF

Wel Group – Peterkort | 9755 SW Barnes Rd | 3,200 SF renewal

Eastside

RIS Insurance Services – Multnomah Plaza | 305 NE 102nd | 2,007 SF

Mount Scott Center – 9201 SW 91st Ave | 2,188 SF

Vancouver

Morris Bratt & Andersen – Rider Building | 108 E Mill Plain | 4,000 SF renewal

NonProfDex (charitable|education|trade assoc)

Central Business District

Collins Foundation – Riviera Plaza | 1618 SW First Ave | 4,599 SF renewal

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 Our First Quarter Report was released early last week and the numbers bear out what we predicted back in December 2008, which is to say vacancy is up and rates are down.  August is the predicted low point with flat growth through the balance of 2009. A few tips to keep in mind if you are considering new office space:

1. Keep expectations realistic. Free rent, rent reductions and above standard tenant improvement allowances are available, but they are dependent upon the location and credit quality of a tenant.

2. The suburban markets have been hit harder and are more aggressive than the downtown.

3. Some landlords will consider rewriting existing leases three to twelve months prior to lease expiration. This is a great way to take advantage of the soft market today.

For a complete copy of our quarterly report, which includes rate, vacancy and deal information, please email me at kristin.hammond(at)pacific-re.com or DM me on Twitter at FzMcFadden and request a copy.

What Other Tenants Have Paid Recently

SUBMARKET

SIZE

TERM

RATE/SF

FREE RENT

I-5/217 (flex)

8,500 SF

63 months

$19.50

3 months

Airport Way (flex)

7,000 SF

60 months

$19.00

0 months

Wash. Square (Class A)

2,500 SF

66 months

$20.50

6 months

CBD (Class A)

7,200 SF

63 months

$19.75

3 months

CBD Class A) 

8,500 SF

65 months

$22.50

5 months

Vancouver (Class B)

1,612 SF

60 months

$21.00

1 month

TechDex (apps|provider|hardware|var)

Westside

AuctionPay – Triangle Corp Park | 13224 SW 68th | 14,580 SF

Zapproved – Lincoln Tower |  10260 SW Greenburg Rd | 1,500 SF

HealthDex (hospital|managed care|equipment)

Central Business District  

ACS State Healthcare – 1220 SW Morrison St | 4,106 SF

Vancouver

Brighton Enterprises – Thirty Third Place | 3305 Main St | 2,461 SF

NonProfDex (charitable|education)

Eastside

BigBrothers/BigSisters Columbia NW – 1827 NE 44th Ave | 4,797 SF

Vancouver

St. Elizabeth AS Catholic HS – Sunrise Pro. Ctr | 811 NE 112th | 13,938 SF

DesignDex (a/e|consulting|graphic d)

Westside

GeoDesign – Pacific Corp Ctr | 15575 SW Sequoia Pkwy | 12,913 SF

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

Westside

Ameriprise Financial – 2 Lincoln | 10220 SW Greenburg Rd | 2,798 SF

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