Wednesday, November 10, 2010

NAI NBS Property Managers Win Big at Oregon Chapter IREM Awards

NAI Norris, Beggs & Simpson had a great showing at the Institute of Real Estate Management (IREM) Oregon-Columbia River Chapter Annual Awards Ceremony last week. NAI NBS was named the Accredited Management Organization (AMO) Firm of the Year. Kimberly Fuhrer, who works out of our Vancouver office and is IREM's Vice President, Member Services for 2011, was named Certified Property Manager (CPM) of the Year. Traci McCauley, IREM's Vice President of Education for 2011, was honored for Outstanding Member Participation of the Year. Debra McCracken, another Vancouver property manager and IREM's 2011 President, was recognized with the President’s Award.

A number of other NAI NBS property managers will also hold leadership roles in IREM in 2011:

Nutan Engels - Community Service Committee Chair
Monique Clouser - Income/Expense Committee Chair
Christina DuCoté - Legislative Committee Chair
Stephanie MacPherson - Newsletter Committee Chair

Congratulations to all! NAI NBS has a strong asset/property management division. Our current portfolio is about 7 million square feet, 345 residential units and 117 acres of land, around the Portland metropolitan area and Vancouver, Wash. NBS Multifamily Management, a division of Norris, Beggs & Simpson Cos., manages the residential portion.

Tuesday, November 2, 2010

Gresham's Burnside Commons Lands First New Tenant Since Change in Ownership

Gresham’s Burnside Commons has secured its first new tenant since FMK Properties – Burnside, LLC purchased the property in July.

Gresham Therapeutic Massage Center leased 3,899 sf, and the lease began Oct. 15. NAI Norris, Beggs & Simpson Senior Vice President Jack McConnell represented the landlord, and Bill Butler of Web Properties, Inc. served as a consultant on the lease.

Gresham Therapeutic Massage Center, a locally-owned business, found precisely what it was seeking in Burnside Commons: a larger space with good street exposure that had an improved interior and was ready to occupy. The business was previously located in a space on Burnside about half a mile from Burnside Commons.

Since health care is one area of the economy that is growing, brokers are seeing increased activity from health care tenants, McConnell said.

Burnside Commons is a 38,053 square foot, three-building retail property built in 2001 and 2006 at the intersection of Burnside and Eastman Parkway. Burnside Commons’ owners are still working on lease-up of the property, which has considerable vacancies.