PORTLAND-The property is 80% leased to two tenants, Mattel Toys and First Tennessee Bank, both of which are on 10-year triple-net leases. The seller of the project was Wolfe-Gang Partners LLC with Tod Thorpe as managing member.
SEATTLE-The National Science Foundation is promising the money over the next five years for the development a new science and technology center on the University of Washington campus.
PORTLAND-Topics to be covered at the luncheon on May 9 include: explaining the concepts of sustainability as it pertains to LEED; Portland projects that fit the model of sustainability; and how green building strategies can affect the overall success of a project.
VANCOUVER, WA-The first law firm is moving to Vancouver's largest office building, Bank of America Financial Center, while the other is moving to the city's newest office building, the West Coast Bank building.
VANCOUVER, WA-Two five-year flex-office leases are signed, one new and one renewal, for a combined 6,700 sf, bringing the 40-building, 625,000-sf (net rentable) development to 75% occupancy.
SALEM, OR-The firm behind the 1.7-million-sf Brewery Blocks redevelopment on the northwestern edge of Downtown Portland is being recommended to the Salem City Council as the best owner-developer for a $20-million, two-and-a-half-block Downtown redevelopment project.
BEAVERTON, OR-Four small businesses renew and a fourth joins them at Scholls Business Center I, an 11-building, 188,000-sf flex-office development that stands 77% occupied near the confluence of the 210 and 217 freeways.
PORTLAND-Nearly 600,000-sf of space came back to market in the first three months of the year, pushing the overall industrial vacancy rate is 11.8%, or double what it was after the first quarter of 2001, according to the latest quarterly report.
SEATTLE-Paul Allen's proposed 975,000-sf, three-tower mixed-use development will have an adverse impact on the environment, says the city, but that impact is already covered in Allen's previous environmental reports: Seattle Commons/South Lake Union EIS in 1995 and the Terry Avenue Technology Court EIS in 2001.
PORTLAND-Nearly 600,000-sf of space came back to market in the first three months of the year, pushing the overall industrial vacancy rate is 11.8%, or double what it was after the first quarter of 2001, according to the latest quarterly report.