JBH Hands Lease-Up of New Clackamas Product to C&W

CLACKAMAS, OR-After more than a year of in-house marketing, JBH Company has handed the leasing assignment for its 185,000-sf of new product along Highway 224 in Clackamas to Cushman & Wakefield.

JBH Company’s 123,000-sf 224 Corporate Center was delivered in the second quarter of 2002 and remains unoccupied. The company’s 62,000-sf International Plaza will be delivered this summer and also is fully available. J. Blaine Hoggard tells GlobeSt.com he expects both properties to be stabilized by next spring.

“There is a lot of movement out of Multnomah County because of business tax increases and our lease rates are very competitive,” says Hoggard, who has brought on C&W brokers Mark Carnese and Tom Usher to help him meet expectations. “There really are no other large spaces available in the submarket.”