PORTLAND-Oregon's seasonally adjusted unemployment rate rose to 8% in April, up from 7.6% in March. By comparison, the U.S. jobless rate matched an eight-year high by rising two tenths of a percentage point in April to hit 6%.
SAO PAULO, BRAZIL-In its first expansion outside the United States, Officespace.com licenses its product to a Brazilian partnership that launches a commercial real estate listing service for Sao Paulo, Brazil. The new site encompasses 149 buildings with 11.8 million sf.
REYNOSA, MEXICO-In conjunction with the lease and start-up of a 100,000-sf manufacturing plant on this border town near McAllen, TX, Andrew Corp. of Orland Park, IL is in the process of shuttering a plant near the top of the state in Denton, TX.
SAN FRANCISCO-If CB Richard Ellis had been successful in getting BT Commercial as well as Insignia/ESG, it would have controlled the leasing assignments for the most vacant space in the city. As it stands, it will be second to CAC Group.
TUALATIN, OR-From elsewhere in the 10-building, 342-000-sf Tualatin business park, HR Answers Inc. and Healthco Information Systems are expanding into the building vacated by US Bank's equipment finance group.
BELLEVUE, WA-Hardy Holzman Pfeiffer Associates is commissioned to design the $80-million, 90,000-sf multi-purpose performing arts center in the heart of Downtown Bellevue. The chief designer will be founding partner Norman Pfeiffer, a native of nearby Kirkland, WA.
PORTLAND-The Lake Oswego, OR-based bank renews its 8,200-sf lease on the 11th floor of the Downtown Portland office building and also leases a small space on the ground floor for another retail branch.
MINNEAPOLIS-The Dallas-based company will sell the assets of its 31-story grocery chain in Minnesota to Roundy's Inc., the leading retail supermarket chain in Wisconsin. Including the business, leasehold commitments and inventory, the transaction value is close to $120 million.
NASHUA, NH-The provider of health plans to employers in New York, New Jersey, and Connecticut follows up a 120,000-sf renewal northeast of Manchester by keeping 70,000 of 115,000 sf it leases in Nashua.
TACOMA, WA-Nearon Enterprises of Danville, CA wins the competition to develop a hotel and condominium development along Downtown Tacoma's Foss Waterway.