PORTLAND-As reported here nine months ago, McDonald's is planning to take over the former Arby's on 34th and Hawthorne in Southeast Portland. The land and building are owned by John Biggi Jr. of Portland-based Biggi Investment Co.
VANCOUVER, WA-Year-over-year, the June unemployment rate was the highest since June 1992 and more than a point higher than the 4.3% in June 2000. Slightly more than 10,000 county residents were seeking jobs during the month.
EUGENE, OR-The six-month shutdown, affecting some 600 workers, comes one week after the company requests a property tax waiver for $156 million worth of improvements to the plant, and one month after it was denied a similar tax break.
PORTLAND-The 222,500-sf, mid-rise office project by New York-based Insignia/ESG and Houston-based Transworld Properties is nine months out and in search of its first tenant. Triple-net asking rates are $20 per sf to $22.50 per sf annually.
PORTLAND-Sonna Durdel, the company's current Northwest executive director, is taking a one-year sabbatical beginning this September. Meantime, she is creating a short list of local candidates to take over her job.
BEAVERTON, OR-The Atlanta-based warehouse home improvement retailer has acquired 12.5 acres between Canyon Road and Beaverton-Hillsdale Highway, just east of Highway 217. A new 136,000-sf store is planned within the next couple of years.
VANCOUVER, WA-Retail sales totaled $366.7 million in the first three months of the year, a measly 1.4% increase over the $361.7 million rung up in the first quarter of 2000. In 2000, sales were up 8.5% from the year-earlier period.
BEAVERTON, OR-Emeryville-based inServ E-Customer Solutions Inc. signs on for the fully-equipped top floor of a two-story, 80,000-sf office building by the Beaverton Mall. The lease lets previous tenant Bank One off the hook.
LAFAYETTE, CA-Diluted FFO for the second quarter of 2001 was 68 cents per share, 15% higher than the second quarter of 2000. Half-year numbers also are up 15%, and shares of the company are trading at a new 52-week high.
VANCOUVER, WA-Retail sales totaled $366.7 million in the first three months of the year, a measly 1.4% increase over the $361.7 million rung up in the first quarter of 2000. In 2000, sales were up 8.5% from the year-earlier period.