PORTLAND-Dirk Koopman, owner of the Waddle's restaurant property adjacent Interstate 5 on Jantzen Beach Drive, tells GlobeSt.com that a Krispy Kreme franchisee has contracted to lease the entire site and will construct a 4,500-sf doughnut shop there.
PORTLAND-Six months after Dirk Otis returns to the company as vice president of development management, he is promoted to senior vice president. The company has yet to replace former Managing Director Chris Nelson, who left in mid-2002 to form his own development firm.
PORTLAND-David Burback, who launched the Portland office of Colliers International before becoming president of Northwest Realty Advisors, is now Director of Investment Sales for Insignia/ESG.
PORTLAND-The Troy, Mich.-based retailer's next wave of store closures, 326 locations in all, will take down the superstore at Jantzen Beach Center in Portland and the superstore on Goodpasture Island Road in Eugene.
PORTLAND-The close-in Northeast Portland property consists of three buildings totaling 164,000 sf on 5.2 acres. The property is leased by Portland-based Jantzen Inc., which Perry Ellis International acquired from VF Corp. in March 2002 for $25 million.
PORTLAND-Barclay's Realty & Mgmt. Co. acquires the 40,000-sf shopping center at the corner of Beaverton-Hillsdale Highway and Scholls Ferry Road. The tenants, all with long-term leases, are a grocery store, a drug store and a gas station.
SEATTLE-Seven years after coming off the bench of the Kent Valley industrial market, Larry Benaroya sells off his family's 1.5-million-sf Kent Valley industrial portfolio to the Teachers Insurance and Annuity Association College Retirement Equities Fund.
VANCOUVER, WA-Two apartment buildings totaling 190 units will be completed in the third quarter of 2003 and an 11-story office-and-condominium building will be completed in early 2004, completing the first phase of the Downtown redevelopment project.
PORTLAND-Springbrook Software leases the 29th floor of Unico Properties' U.S. Bancorp Tower for 8 years and that floor's current user, actuarial firm Milliman USA, signs a 10-year deal to move to the 37th floor of the 42-story building anchoring the north end of the Downtown core.
BEAVERTON, OR-The developer who acquired the once-bankrupt Downtown project says it will improve the third floor of a new and largely vacant five-story office building here for use as executive suites.