Honzel Joins NAI NBS Retail Team

NAI Norris, Beggs & Simpson has added Real Estate Broker Tyler Honzel to its retail brokerage team.

Before joining NAI NBS, Tyler specialized in investments at CB Richard Ellis in Portland. Prior to that, he was a Major Accounts Manager at Verizon Wireless, where he maintained existing accounts and generated new business.

Tyler has also worked in inventory at Nordstrom and JC Penney, ordering product for both companies’ catalogs and working on Internet ordering. In this capacity he gained a comprehensive understanding of the inner workings of the retail industry.

Tyler holds a degree in business marketing from the University of Portland. He is a licensed real estate broker in Oregon.

With the addition of Tyler, NAI NBS' retail team has five members who cover all of the Portland metropolitan area, including two brokers who specialize in retail in Vancouver and Clark County. For more information on Tyler and the rest of our team, visit our Web site's retail page.

Qualman Featured in Article on Vancouver's Proposed Padden Parkway Business Park

NAI Norris, Beggs & Simpson Executive Vice President Roger Qualman, who runs the Vancouver office, was featured today in a Columbian article about Padden Parkway Business Park, a 276,000 sf proposed business park in Vancouver, on the southwest corner of St. Johns Road and Northeast 78th Street. The property's developer is having trouble attaining financing, so he is asking potential tenants to secure low-risk loans through the federal Small Business Administration and buy their own buildings. The business park would serve office, retail and light industrial tenants. You can find the article here.

NAI NBS Ranks Second on PBJ's Top 25 Commercial Property Management Firms List

NAI Norris, Beggs & Simpson ranked second on the Portland Business Journal's list of the Top 25 Commercial Property Management Firms, based on total metro square footage managed. The list was published in the Friday, June 5, edition. NAI NBS' 15 property managers in the Portland metropolitan area manage 7,125,814 square feet of commercial space, including office, industrial, flex, retail, and land.

Oregon, Washington May Lead Nation Out Of Recession, Moody's Predicts

Oregon and Washington are two of the states that will lead the nation out of the recession, according to Moody's Economy.com. The others are fellow western states Idaho, Colorado and Texas.

Moody's said that job growth in these five states should start to rebound first, likely in the fourth quarter of this year.

The large number of high-tech companies in Oregon and Washington will benefit when tech spending picks up again, Moody's predicted, and home sales in these states will be stimulated by lower prices and good mortgage rates.

You can find The Oregonian's coverage here.

NAI NBS' Fuller, Bartocci Represent Landlord in 9K SF Lease at 200 Grand, Vancouver

International Air Academy (IAA) has leased 9,026 sf at 200 Grand Avenue and will move into the space June 1. NAI Norris, Beggs & Simpson Vice President Tamara Fuller and Senior Salesperson Doug Bartocci represented the landlord, JH Kelly LLC.

“200 Grand offers an excellent location for International Air Academy, given the easy access to and from Hwy 14 and the retail amenities adjacent to this site,” Fuller said.

The overall 200 Grand site comprises approximately 5.4 acres and is immediately adjacent to the popular Grand Central retail development off of Highway 14. JH Kelly LLC is collaborating with Grand Central developer Killian Pacific on the commercial and potential retail development of the remaining 200 Grand acreage.

200 Grand, which was built in 1996, also currently houses Westmar (now Worley Parsons) Engineering and Occuscreen LLC. Upon occupancy by IAA, the building will have about 5,000 sf available.

Precise Buys Vancouver Industrial Building for $4.225M

Precise, a local precision grinding company with about 20 employees, has purchased the 64,400 sf industrial building at 5600 NE 121st Ave. for $4.225 million.

NAI Norris, Beggs & Simpson Senior Salesperson Garret Harper represented the buyer. The seller was Elixir Industries Inc., based in California, which manufactures aluminum extrusions and other metal fabrications.

Though the building was never on the market, Elixir was planning on closing its Vancouver facility, and Precise owner Rick Jones was looking for some expansion space. Precise will move to the building in May and use the majority of the space, while subleasing out roughly 25,000 sf.

5600 NE 121st, which is in the Orchards area, was built in the mid-‘90s and is a larger building for the Vancouver market, Harper said.

"It is great to see a local company making a significant investment and believing in its long-term growth here in Clark County," Harper said.