PORTLAND-Jim Kessler, most recently was chief development officer with Federal Realty Investment Trust, will handle on acquisition and oversight of all retail properties, a new focus for the firm.
PORTLAND, OR-The local office market experienced positive absorption, although just 6,400 sf, for the first time in the past twelve months, according to the latest report from the local office of Colliers International.
PORTLAND, OR-The local office market experienced positive absorption, although just 6,400 sf, for the first time in the past twelve months, according to the latest report from the local office of Colliers International.
SEATTLE-A Master Use Permit for Martin Smith's 220,000-sf office project will be issued after the Pioneer Square Preservation Board signs off on the project, which is slated for property immediately north of a designated city Landmark.
BEAVERTON-AT&T Broadband signs an eight-year, $5-million lease for a portion of a newer flex building at 8705 SW Nimbus. The 17-building, 700,000-sf Nimbus Corporate Center is owned by Equity Office Properties Trust.
SAN FRANCISCO-Downtown office broker Scott Harper is now managing director of Colliers' Downtown San Francisco office. Harper came to the firm in January of 2001 from Whitney Cressman Limited, where he was a director.
PORTLAND-Developers John Carroll and Homer Williams will pay $3.68 million for the 40,000-sf site that Safeway currently occupies and, when the grocer moves to a neighboring property, develop a full-block, 18-22-story condominium tower with at least 180 units and 10,000 sf of ground floor retail.
PORTLAND-Continuing to fulfill its commitment to provide 2,700 new housing units on the 34-acre former Hoyt Street Yards, Joe Weston's Hoyt Street Properties is will have three projects totaling $100 million underway this summer that ultimately will add another 290 housing units to the Pearl District.
PORTLAND, OR-Locally based Fog Cutter Capital Group Inc. reports that a company it acquired with other investors has sold an 84,000 sf shopping center in Liverpool, England, for $12.9 million.
SEATTLE-Locally based Unico Properties began managing the Finova Capital-owned property in 1998, guaranteeing the master lease payments of Weyerhaeuser, which still had three years left on a 20-year master lease. The management contract came with a purchase option that Unico begrudgingly opted not to exercise.