TUALATIN, OR-In a long-term deal with an estimated value of about $3 million, local businessman Myron Nelson inks a deal for 21,227 sf that will become his first Westside location for his growing chain of health clubs.
BREMERTON, WA-The total project will include 15,000-sf conference center, a 740 space parking garage, a 58 unit apartment complex and 110-room hotel by Marriott. Completion slated for 2004.
REDMOND, WA-The three-year-old development wasn't intended to be a build-to-suit, but after Microsoft committed to lease the whole thing it was built out largely to the software company's high-end specifications. Hines estimates replacement value at more than $300 per sf. The sales price is expected to top $100 million.
PORTLAND, OR-The national provider of assisted living services says the retrenching has been under development by new management for three months and that the personnel reductions are expected to result in savings of over $1.3 million per annum.
EUGENE, OR-The local real estate developer's preliminary plans show office, retail, condominiums, apartments and an assisted living facility. Arlie says it will likely sell off pieces of the site to others who will construct most of the buildings.
PORTLAND-Kremeworks USA says its local Krispy Kreme franchises will be built in Jantzen Beach, Beaverton and Clackamas, but won't yet reveal their exact locations, saying it hasn't yet obtained the necessary permits to assure their development on particular sites.
PORTLAND-Kremeworks USA says its local Krispy Kreme franchises will be built in Jantzen Beach, Beaverton and Clackamas, but won't yet reveal their exact locations, saying it hasn't yet obtained the necessary permits to assure their development on particular sites.
SEATTLE-The first phase of the expansion, supported by a $59.3 million capital campaign, will result in an 88,000-square-foot addition at the north end of the Museum's existing campus. The so-called Personal Courage Wing will open in the spring of 2004.
PORTLAND-Leveraging capital from a recent land sale in Sacramento, the holding corporation for the assets of Howard Hedinger spends $5.4 million on Highlands Plaza, a 51,000-sf, 98%-leased multi-tenant medical office building at 5440 S.W. Westgate Dr. in Sylvan.
SALEM, OR-The strip mall in South Salem is being liquidated by a corporation comprised of Spirit Mountain Development Corp. and Paragon Development Corp. of Bend. The duo's Cherry City LLC filed for Chapter 11 bankruptcy protection last month.
