PORTLAND-A subsidiary of Wright Hotels Inc. has agreed to operate the former Best Western property the City purchased in July and then shut down. The 97-room hotel, across MLK Boulevard from the expanding Oregon Convention Center, is now Inn at Convention Center. Wright Hotels operates the nearby Holiday Inn on Grand Avenue.
PORTLAND-Mattei Insurance Services and Teredyne renew their leases and Hi tech Engineering joins the 342,000-sf park, keeping occupancy in the 93% range for UBS Realty Investors' pension fund clients.
SEATTLE-If the international architecture firm decides to stay put, it would still have to relocate temporarily so that necessary seismic upgrades can be completed to its main building, which means moving to another building permanently may actually be less of a hassle.
PORTLAND-Having used them a lot lately, the city's urban renewal agency amends its flexible service contract with Norris Beggs & Simpson, adding $100,000 to the $400,000 maximum that was rapidly being approached.
PORTLAND-Mattei Insurance Services and Teredyne renew their leases and Hi tech Engineering joins the 342,000-sf park, keeping occupancy in the 93% range for UBS Realty Investors' pension fund clients.
PORTLAND-The city's urban renewal agency delays its decision on a proposed purchase agreement for the last parcel it needs to have ownership of a full block at Northeast Portland Boulevard and MLK Jr. Boulevard, on which it wants to build a mixed-use development.
SEATTLE-The would-be $49-million mixed-use high rise development has been a hole in the ground since work was halted in November. The developer tells GlobeSt.com there are no plans to resume construction anytime soon.
BEAVERTON, OR-Coldwell Banker Barbara Sue Seal Properties inks a deal for 13,000 sf on the ground floor of the office building and 24 Hour Fitness signs and LOI to lease 37,000 sf on the ground floor of an adjacent multi-level parking garage.
PORTLAND-Oregon's unemployment rate has remained in the low 7% range over the last few months. The slight decline was primarily concentrated in the education sector. Gains were seen in the manufacturing sector.
PORTLAND-Oregon's unemployment rate has remained in the low 7% range over the last few months. The slight decline was primarily concentrated in the education sector. Gains were seen in the manufacturing sector.