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Pre-COVID, SKB and RGA planned to reposition the property's large floorplates and leverage the amenities to meet the needs/size requirements of a wide range of light industrial, manufacturing and R&D tenants.
Vanamore Inc. says pricing dislocations in the multi-family market helped smooth the way for its first acquisition in the Portland, Oregon area: the 32-unit Blanton Commons.
SKB says the 378,300-square-foot investment aligns with where companies are headed in a post COVID-19 world in terms of re-evaluating risks and seeking ways to benefit.
Ian Formigle of CrowdStreet says we are in a recession but there is data to suggest it will be more V-shaped than U-shaped or L-shaped, and right now, he is betting on a V-shaped recession.
Prior to COVID-19, national demand for the type of real estate financing that Broadmark Realty Capital offers was being driven by the migration of Americans out of high-cost states and into low-cost states.
Oregon has 834 census tracts, more than 300 of which were eligible by meeting the definition of a "low income community" in terms of median family incomes or poverty rates, and Governor Brown's nomination resulted in 86 QOZs.
The Myers Container Industrial Building totals 181,262 square feet on approximately 15 acres and was recently purchased for $11.2 million by a JV of Specht Company and owner/operators of Myers Container.
Use of the popular baseball analogy 'what inning are we in?' to gauge how much time is left in the real estate cycle is heard less frequently as the Portland market just keeps going, says Cushman & Wakefield's Jim Lewis.
Amberglen Business Center operates in one of the most highly amenitized suburban locations, and offers the scale, quality and location that generated significant interest from many qualified parties.
It is where many young people also move for innovative and creative jobs, affordable living and an outdoor, active lifestyle; specifically, Oregon had the sixth fastest US growth for 25- to 39-year-olds.