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.

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