CLACKAMAS, OR-JBH Company's 123,000-sf 224 Corporate Center was delivered in spring 2002 and remains fully available. The company's 62,000-sf International Plaza will be delivered this summer. Leasing efforts have been handled in-house until now.
SEATTLE-Next to its recently renovated five-story Park Seneca Apartments building at 8th Avenue and Seneca Street, Seattle-based Kauri Investments is seeking Master Use Permit approval for a 73-unit apartment project on an 8,100-sf parcel.
SAN FRANCISCO-Mike Kamm tells GlobeSt.com that merger talks with CB Richard Ellis had been going on in earnest for 10 weeks before the rumor mill forced them to go public with the news less than a week before it became clear it wouldn't pan out.
PORTLAND-Given current economic conditions and a host of other variables currently in the mix, a return to single digit vacancy rates will likely take three or four years, according to the latest report from Grubb & Ellis.
IDAHO FALLS, ID-Boise-based regional developer Cantlon Properties sells Ammon Town Center to a private investment partnership. Cantlon is selling three other grocery-anchored centers in the Salt Lake City area.
MURFREESBORO, TN- Two years after it set out looking for a location, the joint venture of Verizon Communications and Vodafone leases a one-story building in this middle Tennessee community for a call center that will employ over 1,000 people.
SAN FRANCISCO-The Denver-based opportunistic real estate investor brings on board on a new Bay Area director and charges him with acquiring more than $250 million worth of investment opportunities in San Francisco and the Bay Area within the next 18 to 24 months.
BERKELEY, CA-The Memphis-based developer will develop 26-acres in Albany, CA with 617 units of rental housing and 70,000-sf of retail space including shops, restaurants, and a full-service grocery store.
BELLEVUE, WA-The real estate arm of Weyerhaeuser Company, focused on growing its homebuilding business, has approximately 400 acres of entitled commercial land on the market worth an estimated $150 million.
PORTLAND-The expansion nearly doubles the size of the original center, adding 407,500 sf to the original 500,000-sf facility and making it the largest convention center in the Pacific Northwest. Meanwhile, plans for a convention center hotel have yet to materialize.
