PORTLAND-The troubled furniture retailer is auctioning off leaseholds for 271 of its namesake stores across the nation. In Oregon, five stores and a distribution center are available. Bids are due next week and the auction is set for April 26.
BEAVERTON, OR-Work on the bankrupt $100 million office, residential and retail project stopped in early 1999, two years after it began, when its developer failed to find the necessary financing to proceed, leaving several buildings half constructed.
PORTLAND-Similar to the system-development charges new developments are assessed, the "street maintenance and improvement fee" would charge commercial property owners based on how many vehicle trips a property generates. As envisioned, a 500,000-sf office tower would be paying $1,500/month.
PORTLAND-The duo that successfully leased up last year's new downtown office building are getting the nod again, but this time they have a former managing director as a third team member.
PORTLAND-The local chapters of the Building Owners and Managers Association, the Institute for Real Estate Management and the Society of Industrial and Office Realtors are urging their members to back a delay in the implementation of energy deregulation.
PORTLAND-Most office building owners have pass-through clauses in their full-service leases allowing them to recoup extra expenses. But with electricity rates potentially doubling, new language is being added to protect both lessor and lessee.
PORTLAND-Ralph Stanley, the Bechtel Enterprises vice president credited with pulling together the deal that resulted in Portland's new airport light rail line and the related 120-acre CascadeStation commercial development, died of cancer last week at the age of 49.
PORTLAND-Without such a move, coupled with utilities reducing purchases by as much as 10%, retail rates will likely double, forcing more layoffs at least, and at worst forcing more employers completely out of business.
HOOD RIVER, OR-Dozens of people who own property within the Columbia Gorge National Scenic Area beat a key deadline that will force the Forest Service to buy their land or allow it to be more easily developed.
BEAVERTON, OR-The Atlanta-based retailer, which wanted to build a 105,500-sf store, will appeal the commission's decision to the Beaverton City Council. The appeal probably will be considered by the City Council on May 14.