Portland
BlueVolt Relocates Portland HQ
BlueVolt, an e-learning solutions company, has leased more than 9,000 square feet on the fourth floor of the Marquam Building. The firm is set to expand its team with several new hires.
Full Steam Ahead for Vancouver Waterfront Project
At full build-out, Waterfront Vancouver will consist of 3,300 new residential units, more than 1.3 million square feet of Class A creative office space, a boutique hotel, flagship restaurants and unique retail spaces.
CIP Sells EconoLodge Hotel
Hotel Brokers International’s member Crystal Investment Property closed the sale of a 44-key motel near Nye Beach in Newport, Ore. The final price was not disclosed.
Portland’s Silicon Forest Continues to Grow
Multifamily demand remains elevated, fueled by a healthy job market and an influx of young people. Oregon’s GDP grew 4.6 percent as of the third quarter of 2016, placing it in the top 10 fastest-growing states in the nation.
C&W Welcomes First Tenant to Portland Industrial Center
The company preleased more than 60 percent of Big Eddy Commerce Center, an industrial building currently under construction. The project is slated to open by the end of this year.
JV Acquires Portland Retail Portfolio
ScanlanKemperBard and Artemis Real Estate Partners acquired an 86,445-square-foot retail portfolio in the city’s Pearl District from Hoyt Street Properties. The properties are currently 94 percent leased.
Hyatt Place Portland Completes Renovations
The 130-key hotel completes the $1 million renovation plan that included improvements to the guest rooms and public spaces, as well as the addition of an exterior soundproofing solution incorporating recording-studio-quality glass.
Cascade Sotheby’s Makes Promotions
The real estate company names Jesse Knight as managing broker for the Portland metro area. Previously a business development manager at Yahoo!, Knight brings a strong background in the technology sector.
Sonnenblick-Eichner Lines Up $28M Refi for Retail Stores
ShopKo’s stores are located in Bend, Eugene and Salem, Ore.
Oregon Shopping Center Changes Hands in $107M Deal
The sale of the former Gateway Mall marks the largest single-property deal in Lane County history.