SALEM, OR-Hotel developer VIP Industries offers more than $2 million to allay fears that initial operating losses by the adjoining convention center will end up being paid from the city's general fund, which is already facing a multimillion shortfall.
SEATTLE-In another West Coast coup for Insignia/ESG, Kidder Mathews Segner, one of the Puget Sound's top commercial real estate services firms, drops its affiliation with Oncor International in favor of one with Insignia. A press conference is scheduled for later this morning at the Four Seasons Hotel.
PORTLAND-"If I have to have a vacant building, I'll take it in the Lloyd District," says Dan Swift, managing director of Portland-area brokerage for Insignia/ESG, which is nearing completion on 1201 Lloyd, a 222,500-sf mid-rise office project that has yet to sign its first tenant.
PORTLAND-The real estate investment trust PS Business Parks recaps its purchase of 685,000-sf in Beaverton, OR, revealing the final price, the current health of the property and how much space anchor tenant Intel is currently leasing.
PORTLAND-The real estate investment trust PS Business Parks recaps its purchase of 685,000-sf in Beaverton, OR, revealing the final price, the current health of the property and how much space anchor tenant Intel is currently leasing.
VANCOUVER, WA-A ban on new development in the Salmon Creek area that is related to traffic congestion is being expanded in size and extended to one full year, possible slowing development of a new hospital.
PORTLAND-There's been a flurry of 50,000-sf deals in the last 60 days, but the only significant user being talked about as actively in the market is Ford, and it may already have found where it's going.
WOODBURN, OR-Seattle-based Food Services of America, which is shifting its distribution operation and 400 jobs from Milwaukie, Ore., expects to occupy the former AgriFrozen Foods warehouse in November. The building sold for $14.2 million.
SEATTLE-The Bellevue, WA-based arm of the Vancouver, B.C.-based firm is seeking a revised Master Use Permit for future construction of a 34-story development with 400,000 sf of office space and 175 residential units near the Downtown retail core.
PORTLAND-Company president Jordan Schnitzer tells GlobeSt.com he picked up for $2.7 million this month the 25,000-sf office building at 1022 SW Salmon, near the company's 60,000-sf headquarters at 1121 SW Salmon.