PORTLAND-The digital display maker signs on for another three years at a Rreef-owned building in Wilsonville Business Center, but increases its headquarters lease by about 15% to just over 45,000 sf.
BREMERTON, WA-With a $50-million public-private waterfront development already under development, Kitsap Federal Credit Union decides to join in the city's revitalization with a new office building and bank branch development that will include an area to drop off and pick up ferry riders.
SEATTLE-The Seattle-based owner of convenience stores and gas stations acquires the old Rainier Brewery for $6 million with plans to spend another $4 million transforming the space into a home for artists.
OAKLAND, CA-The commercial real estate firm has signed a 10-year lease for 9,055 sf on the building's 9th floor. The firm's existing space at 155 Grand Ave. is being absorbed by the Port of Oakland.
PORTLAND-The owner and operator of a public warehouse next to Terminal 6 plans to construct and operate a new facility on the 13.52-acre site to handle both domestic and international products.
HONOLULU-Coldwell Banker Commercial Pacific Properties has won the leasing assignment for the 620,000-sf Pacific Guardian Center in Downtown Honolulu, the city's second largest office complex.
LIVERMORE CA-The Aliso Viejo, CA-based developer closes on a $20-million loan from Prudential Insurance that pays off the construction loan for the 190,000-sf first phase of Shea Center Livermore, a 200-acre business park.
NEW YORK-On behalf of Corporate Property Associates 15 Inc., the corporate real estate financier completes deals with three companies that involve nine facilities in five states.
PORTLAND-The Portland Development Commission this week will put in motion a plan to acquire additional properties in the area en route to a three-block redevelopment that would add 850,000 sf of housing, office and retail space to the so-called University District.
SAN FRANCISCO-The San Francisco and Oakland apartment markets are nearing the bottom of the cycle, as new supply is down dramatically in 2003 and the local job markets will begin to register gains by year's end, according to the regional manager of Marcus & Millichap's San Francisco office.