PORTLAND-It seems only tenants with lapsing leases and developers already in the ground are moving forward in the face of a stalled economy. Building owners, meanwhile, are busy trying to keep lease rates stable.
PORTLAND-It seems only tenants with lapsing leases and developers already in the ground are moving forward in the face of a stalled economy. Building owners, meanwhile, are busy trying to keep lease rates stable.
FAIRFIELD-Retail is apt to be least effected by a slowing economy, according to some experts, and at least one property owner sees now as the ideal time to market a recently completed project.
CARLSBAD, CA-With construction almost complete after seven months of work, six of the nine buildings that comprise the 102,000-sf development have been tied up, according to Colliers International, which is leasing the space on behalf of developer Pacific Carlsbad Partners.
SAN FRANCISCO-In the past 30 days, Manhattan-based Sonnenblick-Goldman Co. has sold two Tokyo-area commercial properties to international investors. Robert Stiles, a managing director in Sonnenblick's San Francisco office, says more Tokyo properties are headed to the market.
SAN FRANCISCO-The power failure, which lasted for a little more than two hours on Thursday morning, comes one day after a federal judge dismissed a lawsuit in which PG&E sought $10 billion from California ratepayers.
PORTLAND-Vacancy rates are up just over a point, net absorption was modest and several projects are on hold, but things should be back on track before the end of the year, according to latest industrial market report by Grubb & Ellis.
PORTLAND-Flightcraft, a member of the Eugene, OR-based Pape Group of companies, has entered into a 25-year lease with the Port of Portland for the land on which the new hangar will be built as well as its current leasehold.
PORTLAND-The tech-heavy Sunset Corridor saw vacancy rates jump from 8.0% to 14.1% in the first quarter as 180,000 sf of new space was delivered to a market that already had 500,000 sf available, according to the latest report from Grubb & Ellis.
PORTLAND-Flightcraft, a member of the Eugene, OR-based Pape Group of companies, has entered into a 25-year lease with the Port of Portland for the new land on which a new hangar will be built as well as its current leasehold.