SALEM, OR-The bank will likely sell the Capital Center Building at 280 Liberty St. NE, an adjacent parking lot and another building at 333 High Street. The bank is consolidating into a larger building at 580 State St.
VANCOUVER, WA-The Bonneville Power Administration is leasing space in several buildings here for its transmission line business, which will be extra busy getting power plants on line over the next five years.
BEND, OR-The rate is increasing about 8 cents to $1.28 per $1,000 of a property's assessed value. The tax rate is the maximum allowed under Oregon's Measure 50, an initiative approved by voters in 1997.
VANCOUVER, WA-New estimates from the state Office of Financial Management show Clark County, just across the Columbia River from Portland, has lost its title as the fastest-growing county in the state in percentage terms.
PORTLAND-Equity Office Properties Trust regional director Pat Callahan tells GlobeSt.com that leasing for 1001 Fifth, now handled by CB Richard Ellis, will eventually be handled in-house while leasing and management for the local industrial properties likely will be outsourced.
VANCOUVER, WA-New estimates from the state Office of Financial Management show Clark County, just across the Columbia River from Portland, has lost its title as the fastest-growing county in the state in percentage terms.
SAN FRANCISCO-At first closing, Institutional Alliance Fund II owned five properties consisting of 17 buildings, acquired by AMB on behalf of the Fund for $111 million between October of 2000 and May of 2001. Total equity committed by investors and AMB is $200 million.
PORTLAND-It's melding with Spieker Properties now officially complete, Equity Office Properties Trust now owns 14.4 million sf of office space in the Northwest, expanding options for its tenants and further strengthening its position as the largest office owner in the region.
PORTLAND-Pharmaca Integrative, a new retailer blending the traditional pharmacy with alternative therapies, hopes to have five stores open by the end of the year. It's third is the Uptown Pharmacy in Northwest Portland.
SAN FRANCISCO-EOP officials say they plan to hold on to office buildings in its top 20 markets, but will likely dispose of office properties in its bottom 15 markets along with the 12.2-million-sf industrial portfolio it acquired as part of the merger.