Thursday, September 24, 2009

Columbia Tech Center’s 17200 Mill Plain Gains Three New Tenants Despite Tough Office Market

Columbia Tech Center’s 17200 Mill Plain Boulevard has gained three new tenants and an existing tenant has expanded since NAI Norris, Beggs & Simpson listed the 52,845 sf building in May, taking it from nearly 85 percent vacant at the beginning of 2009 to more than three-quarters occupied today.

Charter College, which is opening a new Vancouver branch, leased 17,112 sf, and Insitu, a tenant since February 2008, expanded into 7,470 additional sf. Barbara Bushell, Director of Leasing for Columbia Tech Center, represented the owner, PacTrust, on these transactions.

American Ultraviolet Company, another business that is new to the area, leased 5,156 sf, and Ciber, Inc. leased 4,150 sf. NAI NBS Vice President Tamara Fuller and Senior Salesperson Doug Bartocci represented PacTrust on those leases.

The quality of the two-story Class A building, built in 2007, the myriad amenities in the growing East Vancouver area, and excellent rates attracted tenants to the building, Fuller said.

Columbia Tech Center is a mixed-use development featuring 2.8 million square feet of commercial space on 412 acres. Major tenants include Nautilus, Logitech, Rose City Printing and Packaging and CRU-Data Port.

Friday, September 18, 2009

Investment Market May Be Down, But It's Not Out, Brokers Say

NAI NBS' MaryKay West and Chris Johnson had a column in Portland's Daily Journal of Commerce yesterday about the investment market. They chronicle how the investment market reached the state it's in today, where it is headed and when we can expect a recovery. Though it is a challenging time to be a broker, they say that those who are patient, professional and persistent can still get deals done. You can find the article here.

Thursday, September 10, 2009

Barendrick Moves to Portland Office

Real Estate Broker Gina Barendrick has moved to NAI Norris, Beggs & Simpson's Portland office. Barendrick, a retail specialist, has been in NAI NBS’ Vancouver office since 2006.

Barendrick is teaming up with Real Estate Brokers J.J. Unger and Tyler Honzel to provide comprehensive retail services throughout the Portland metro area. Barendrick has extensive knowledge of the Vancouver and Southwest Washington markets and will continue to have listings in these areas, while also taking on listings in Portland.

Barendrick holds a bachelor of arts in public relations from Gonzaga University, and is a licensed real estate broker in Oregon and Washington. She is involved with the International Council of Shopping Centers Next Generation Planning Committee, among other industry groups.