PORTLAND, OR-In the first day of trading since the World Trade Center collapsed, StanCorp shares dropped early, falling as much as $4.25 below its previous close of $45.20 before beginning to rebound.
CUPERTINO, CA-Despite the news, the R&D-focused real estate investment trust's share price is down along with most other companies in the first day of trading since the terrorist attack
BEAVERTON, OR-Moss Adams LLP moves from 11,000 sf elsewhere in the park to 13,434 sf at 8905 SW Nimbus Avenue, Suite 400. Despite sour economic times, the well-located park's vacancy rate is said to be a measly 1.3%.
PORTLAND-Developers whose projects are at least 10% financed by the Portland Development Commission must now adhere to a new set of "green" building requirements. The new rules require buildings to meet the basic certification standard adopted by the U.S. Green Building Council.
SALEM, OR-The awards, to be funded from the proceeds of a future General Obligation bond sale, will provide 298 affordable housing units for Oregonians with special needs, says Oregon Housing and Community Services Director Bob Repine.
BEAVERTON, OR-The software company hires a veteran of construction and management software to lead it deeper into the market and pursue new business opportunities in the real estate marketplace.
PORTLAND- William Conerly, a local economic and financial consultant, tells the local chapter of the Building Owners and Managers Association that Portland is in a recession it might not get out of until next June.
VANCOUVER, WA-The company volunteered to make more than $1 million in traffic improvements to nearby streets, but city's estimates found that even with the traffic improvements, Costco would bring traffic conditions below the minimum acceptable level.
KLAMATH FALLS, OR-Publicly traded Klamath First Bancorp says that along with the acquisition from Washington Mututal Bank, it is will boost commercial lending to nearly two-thirds of its portfolio.
PORTLAND-Ken Griggs of Norris, Beggs & Simpson is named one of the country's top loan producers working for GE financial Assurance's Real Estate Investment Group.