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|Thursday, May 01, 2008|
PORTLAND Downtown construction continues to push up retail vacancy rates as prospective retailers wait for completion of the disruptive activity. Vacancy rates downtown rose to 7.3% in the first quarter of this year, up from 5.1% the same time last year, according to Portland-based real estate firm Norris, Beggs & Simpson. A sluggish economy and tight credit for new construction projects also are to blame, says J.J. Unger, a broker with the company. “We have definitely seen the activity slow down,” says Unger. “People are sitting on the sidelines.”
One example is the 15,000-square-foot space that had housed a Kitchen Kaboodle. It’s been vacant since last summer, stymied by construction of the new transit mall on SW Sixth Avenue, which began in January 2007. The vacancy rate in fourth quarter 2006 was 4.4%, according to Norris, Beggs., and has since steadily climbed. “Everybody is waiting for it to be finished,” says Unger. The project is scheduled for completion in spring 2009.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Wednesday, August 27, 2014
Tom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.
Tuesday, August 26, 2014
BY VIVIAN MCINERNY
Craft beer comes to Mount Angel.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Wednesday, August 27, 2014
BY LEE VAN DER VOO
By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.