VANCOUVER, WA-The producer of combination TV-VCR-DVD units add a 36,260-sf building to its existing leasehold of nearly 400,000 sf. Unless renewed, all of the company's leases at the port end in 28 months.
VANCOUVER, WA-Currently located in half as much space in Clackamas, the custom injection molder inks a 10-year deal at the Port of Vancouver. The company expects to expand to 36,000-sf building within four years.
VANCOUVER, WA-At 1,094 acres, the Columbia Gateway property is the largest undeveloped industrial property under a single ownership in the Portland metropolitan area. The Port sees the land as viable for marine operations, manufacturing, storage, distribution, packaging, R&D, and business park use.
PORTLAND-Clark Center is a 48,997-sf, three story office building in the Vancouver Mall submarket that is 54% leased. Bridgeport Crossing is a 20,000-sf office building off SW Bridgeport Road in Tualatin that is 78% leased.
SEATTLE-IBM Corp. will continue to occupy 54,834 rentable sf on floors 7-11 in the 20-story Downtown office building, which is part of the six-block Metropolitan Tract that Unico Properties developed and manages in partnership with the University of Washington.
OCEAN SHORES, WA-The proposed 23-acre destination resort project includes a 100-room hotel, a 30,000-sf aquarium, a 45,000-sf indoor water park with a 'swim with the rays and sharks' experience, a 5,000-sf premium restaurant, two smaller coffee shops and 20,000 sf of specialty retail space.
PORTLAND-Next week, for the first time in 30 years, the Portland City Council will adopt a foreclosure ordinance. The City will initially focus on commercial property and vacant lots with outstanding liens, assessments and penalties that are more than 365 days past due.
SEATTLE-The world's third largest architecture firm is negotiating a lease for 85,000 sf in a new 400,000-sf mixed-use development here that it will design for a joint venture of Vulcan, Harbor Properties and PEMCO Insurance.
SEATTLE-Citing depressed prices and demand for lumber, the Seattle-based company forecasts lower first-quarter and full-year 2003 results. Anticipated real estate revenue for 2003 is expected to be between $80 and $100 million.
PORTLAND-The president of Portland-based Harsch Investment, a major player in several Western real estate markets, will give a presentation on how Portland stacks up against the rest of the West Coast. US Bancorp's Western Regional Economist John Mitchell also will be on hand.