PORTLAND-Weeks after tying up 45 acres of the 60-acre parcel on the northeastern edge of the city in late January, the Sacramento-based company locks up the rest, renames it Riverside Parkway Corporate Center and begins planning a million-sf development.
HILLSBORO, OR-Three of the four buildings in the 301,000-sf flex-office development are spoken for. The 90,000-sf, one-building first phase was taken by Sun Microsystems and sold to Washington Capital. The three-building second phase is scheduled for completion in April.
MOUNTAIN VIEW, CA-The Denver-based optical networking company is funding its objective thanks to $100 million in recent equity investments and $75 million in vendor financing. In two previous rounds, the 350-employee company took in a total of $86.5 million.
TURLOCK, CA-Dave Davis, chief financial officer for the publicly traded document management company, describes the sale of the 100,000-sf facility and an adjacent, vacant parcel as simply "the conversion of an underutilized asset to cash.
TURLOCK, CA-Dave Davis, chief financial officer for the publicly traded document management company, describes the sale of the 100,000-sf facility and an adjacent, vacant parcel as simply "the conversion of an underutilized asset to cash.
PORTLAND-Pacific Coast Restaurants, owner of the Stanford's and Newport Bay brands, will operate the view-rich restaurant space formerly occupied by Atwaters. A name has yet to be chosen, but the menu has been determined: prime beef and seafood.
SACRAMENTO-In trade for $35 million in new financing to keep its boat afloat, Wavve is joint venturing with the New York City-based credit tenant lender that will acquire and build out 10 Internet data centers throughout the U.S.
BEND, OR-Randall Pape is stepping down from the Central Oregon ski resort's lead role while his family-owned company, the Eugene, OR-based Pape Group, fights for control of the slopes with Utah-based Powdr Corp. and Mount Hood Meadows of Portland.
VANCOUVER, WA-The City Council this week dissolved a 16-month development moratorium and approved a new set of impact fees. The biggest trip generators, fast food restaurants, will pay $117,000 in impact fees instead of the current $11,300.
PORTLAND-The 175,000-sf building at Fifth Avenue and Columbia Street is 85% leased with a few weeks remaining on a $7-million renovation. Tenants include PG&E, PlaceWare, Lucy.com, as well as Kindercare and 24-Hour Fitness.