SEATTLE-The $7.5-million redevelopment of the Saxe Floral site will include a 33-unit apartment building with 2,000 sf of ground-floor retail as well as 32 for-sale townhome units in eight three-story buildings.
SEATTLE-The 29-story, 425-room luxury hotel was completed in 2001 and is owned by Hedreen Hotel LLC, which consists of Richard C. Hedreen and Pritzker family-related entities. Prudential Mortgage Capital provided the funding.
PORTLAND-The change will result the airline leasing 32,000 sf in the PDX Cargo Center instead of its current 26,000 sf. The change also will result in Horizon's annual lease rate dropping to $8 per sf from the current average rate of $13 per sf.
PORTLAND-The 4.84-acre parcel, to be acquired for $845,000, is the last of four being gathered by the Port to accommodate possible future growth of the airport and to provide a buffer between the airport and the business community developing on its northeast border.
SEATTLE-A senior vice president for TCC, Pehl will remain Alliance Director for TCC's Group Health Cooperative account and continue to service other key investor and corporate relationships in the Seattle area.
PORTLAND-The 34-store regional chain gives up on reorganization and will begin auctioning leaseholds at the end of the month. "This is not necessarily a bad thing," a local retail broker tells GlobeSt.com. "There are a lot of center owners that would like to get rid of their Emporiums.
PORTLAND-After much testimony from commercial property owners, the Portland Planning Commission is recommending to the City Council a four-fold increase in the price trigger that requires 10% of a project be spent on bringing a property into compliance with current standards for bicycle parking, pedestrian circulation, landscaping and screening.
PORTLAND-Under an agreement approved this morning by Port of Portland Commissioners, Washington D.C.-based Anton Airfood Inc. will lease 6,635 sf for 15-years, spend upward of $2 million on tenant improvements and pay rent equal to 8% of the restaurant's annual gross sales.
PORTLAND-Under an agreement approved this morning by Port of Portland Commissioners, Washington D.C.-based Anton Airfood Inc. will lease 6,635 sf for 15-years, spend upward of $2 million on tenant improvements and pay rent equal to 8% of the restaurant's annual gross sales.
SEATTLE-Equity Office Properties Trust says it plans to ask the City of Seattle for approval of a $5 million renovation of Bank of America Tower's Fifth Avenue lobby and the adjoining third level of retail space.
