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CareOregon buys Portland office for $12.4M
CareOregon, a not-for-profit Medicaid managed healthcare plan serving approximately 85,000 low-income residents, recently purchased 315 SW Fifth Ave. in Portland, a 88,146-square-foot office building from Pacific Crossroads Properties for $12.4 million or approximately $141 per square foot. |
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November 23, 2005
Portland Business Journal
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Milwaukie business park sells
The six-building Minthorn Business Center has sold to Pacific NW Properties for $9.55 million. |
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Schnitzer Investment Corp. sells single acre for $6M
Spring Capital Group purchased a 1-acre lot at 1415 NW 12th Ave. in the Pearl District of Portland, OR from Schnitzer Investment Corp. Total consideration for the deal was $6 million. |
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November 15, 2005
Portland Business Journal
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ODS Tower sells for $308 a square foot
The sale of the ODS Tower today sets a new record for commercial real estate in Portland. |
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November 14, 2005
Portland Business Journal
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Equity project jumps to the forefront
Sparked by a recovering downtown office market, Portland's largest building owner is extending its reach. |
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Medical center signs $3.4M lease at 5400 MacArthur
Southwest Washington Medical Center signed a 10-year lease for the entire 30,170-square-foot MacArthur Building located at 5400 MacArthur Blvd. in Vancouver, WA. |
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Spring Capital Group purchases 40,000 sf in the Pearl
Spring Capital Group has purchased 40,000 SF of land at 1415 NW 12th Avenue in Portland, Oregon for $6,000,000 from Schnitzer Investment Corp. |
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Swift Transportation pays $9.6 M for 29.4 acres
Swift Transportation Co. acquired 29.4 acres involving four parcels of land, on North Martin Luther King Jr. Blvd. in Portland for $9.6 million, or about $7.50 per square foot. |
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Unitus leased 46,875 sf at Columbia Financial Center
Unitus Community signed a 10-year lease for 46,875 square feet in the Columbia Financial Center, at 1300 SW Sixth Ave. in Portland. |
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Bridgetown Office Building sells for $9.9M
Bridgetown Development LLC. has sold Bridgetown Office Building to RealNet Investments LLC, who in turn sold it to Jeld-Wen Inc. for $9.9 million. |
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Dotster Inc. and Penske Truck Leasing Co. lease at 8100 Parkway
Dotster Inc. has leased 10,817 sf of office space and Penske Truck Leasing Co. leased 2,796 sf from Schnitzer Investment Corp. at 8100 Parkway. |
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July 29, 2005
Portland Business Journal
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New Sunset on horizon
The real estate market in the Sunset Corridor is showing renewed signs of life after more than four years of doldrums that left nearly a third of all office space empty. |
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Halton Co. purchases 75,000 sf for industrial expansion
David E. Mazzocco has sold 6654 NE 47th, a 12 acre industrial property with 3 building totaling 75,000sf in Portland, Oregon to Halton Co., a full service Caterpillar equipment dealer. |
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ODS Tower reaches 100% occupancy
ODS Tower, at 601 S.W. Second Ave. in downtown Portland, is fully leased. The 24-story, Class A building, consisting of 398,412 rentable square feet, was completed in 1999 and is owned by Morrison Street LP. This prominent building is enjoying a rare occurrence in the downtown office market: 100% occupancy. |
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Wellpartners signs 27,000 sf lease
Wellpartners Inc. subleased 27,054 square feet of flex space at the Pactrust Business Center. It will occupy a portion of Building P at 7216 SW Durham Road in Portland. |
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Norris, Beggs & Simpson changes name
Norris, Beggs & Simpson, or NBS, one of the Pacific Northwest’s premier providers of commercial real estate services, changed the names of its brokerage and property management division to NAI Norris, Beggs & Simpson. |
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March 18, 2005
Portland Business Journal
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Birtcher launches Vancouver business park
Birtcher Development has begun work on a 216-acre business center in Vancouver, Wash. |
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Norris, Beggs & Simpson names top producers of 2004
Norris, Beggs & Simpson, the Pacific Northwest’s premier provider of full-service commercial real estate services, announced the company’s top producers at the firm’s annual awards banquet. |
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Washington Center Mall and Tower sell for $12.3 million
RealNet Washington Center Acquisition LLC has purchased the Washington Center Mall and Tower in Portland. |
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January 13, 2005
Portland Business Journal
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GMB Unlimited starts first Gateway project
GMB Unlimited LLC and its development partner Grayco LLC will begin construction of a four-story mixed-use retail and office building at The Elements at Gateway, a proposed 8-acre mixed-use development at Northeast 102nd and Pacific Avenue. |
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