PORTLAND-With housing starts down 24% in the month of September, more than twice the national average, Central Bethany Development is continuing to expand the Bethany Village and has begun construction on the second phase of the Promenade condominiums. Eventually the development's 130 acres will contain more than 1,000 units.
PORTLAND-Marathon Management may have a heightened awareness since Sept. 11, but its owner says existing screening procedures -- centralized credit checking, criminal background checks, rental and employment histories and a no cash policy -- are sufficient to protect tenants and buildings.
LAKE OSWEGO, OR-Kaiser Foundation Health Plans takes the top two floors in Schnitzer Northwest's 5800 Meadows, a new, 88,000-sf class A office building Schnitzer Northwest acquired in January while it was still under construction off Kruse Way.
PORTLAND-The sale closed last week, but nobody's talking yet except to confirm the eight-story building has changed hands. The county estimates market value at $21.2 million. A 55,000-sf lease in the building may also be closed or in the works.
PORTLAND-With housing starts down 24% in the month of September, more than twice the national average, Central Bethany Development is continuing to expand the Bethany Village and has begun construction on the second phase of the Promenade condominiums.
PORTLAND-A subsidiary of White Electronic Designs Corp. signs a seven-year deal for flex space in Transwestern's West Union Business Park. The lease counters the majority of the news coming from the Sunset Corridor, which has focused on the high vacancy rates.
PORTLAND-The proposed 16-story, 300,000-sf office building hopes to be the first of several new Downtown office projects to secure tenants in order secure financing and break ground in the next 18 months.
PORTLAND-One of the city's larger employers receives tentative approval to build a 2.2-acre wind tunnel research lab that will have one end hanging out over Swan Island Lagoon in North Portland.
VANCOUVER, WA-Insignia/ESG brokers three lease deals totaling 10,000 sf for park owner Yearout, Fontenette & Kemper LLC. The park consists 39 leased buildings, 17 owner occupied buildings and three building pads for future development.
VANCOUVER, WA- Legacy Health System, looking for the right spot to develop a $170-million hospital, has optioned the site for which Costco Wholesale recently was unable to gain approval for one of its warehouse stores.