PORTLAND-ScanlanKemperBard principal Robert Scanlan tells GlobeSt.com the purchase price, "in excess of $20 million," includes the 72,000-sf shopping center, 47-apartment units and a "potentially developable pad" of about 55,000 sf. The acquisition is scheduled to close in June.
PORTLAND-The $15,000 kiosks by Seattle-based Civia Media Group will be placed in the Portland companies' office buildings, providing tenants and visitors access to up-to-the-minute news, property information, city entertainment guides and advertising.
BEAVERTON, OR-With everybody's attorneys satisfied, the City of Beaverton closes on the sale of the long-stalled office, retail and residential project that stands half-built and rust-colored around a Downtown light rail station. Work is expected to resume soon.
BEAVERTON, OR-Axium Software moves from an older, two-story location in Griffith Park to a newer, single-story building Nimbus Corporate Center with not much increase in rent. The firm is backfilling space vacated by Handyman Online.
PORTLAND-The commercial insurance company sells its 10,650-sf one-off building to a local family trust for $1.1 million and, as part of the deal, signs a five-year lease for the approximately 7,000 sf it has occupied since it purchased the building 18 months ago.
PORTLAND-Local sources say the Denmark-based wind-power turbine manufacturer is looking for between 50,000 sf and 60,000 sf of office space while it builds its North American headquarters here.
PORTLAND-The Denmark-based manufacturer of wind-powered turbines intends to develop a 700,000-sf complex on 113-acres in the Port of Portland's Rivergate Industrial District. Meantime, the company is negotiating for temporary office space Downtown near its project designer, Portland-based Industrial Design & Construction.
EUGENE, OR-The four-story, 196,500-sf project will update and expand the University of Oregon's Gilbert Hall, the oldest and most cramped among Pac-10 business schools. The project is being funded with $33.6 million in private-sector gifts thanks to the largest academic building fund-raising campaign in UO history.
PORTLAND-The locally based developer, best known for its $14-million redevelopment of the Carnation Dairy in close-in Southeast Portland, is developing 140 market-rate and affordable loft-style apartments above a new 47,000-sf Safeway on the Downtown Portland West End.
PORTLAND-Gramor Development Inc., developer of the year-old, 203,000-sf office and retail project, secures the financing from Deutsche Bank through L.J. Melody. The property serves as the corporate headquarters for Metro One Communications and includes retail tenants such as Chevron, 24-Hour Fitness, and Walgreens.
