Suzi Morris, investment manager for Schnitzer Northwest, says the company expected the decision and has contingency plans, though she was not ready to release them . "What we really want to do is get the buildings built and leased and go on with life. The two proposed buildings (flanking the Van Vorst warehouse) will be slightly impacted, but this is not going to render the project infeasible. We will just have to come up with a solution that incorporates the warehouse in the best manner possible, she says."
Construction on the four office buildings is scheduled to begin in the third quarter of 2001, with completion dates slated for third quarter 2002, and first quarter 2003.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
