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|Articles - May 2012|
|Monday, April 23, 2012|
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When neighborhood residents come to the gym to work out, he says, “it’s just another time during the week when our shopper is going to be at the Lloyd Center.”
Though Oregon retail centers have had to adjust their leasing strategies, they have fared far better than their counterparts in other parts of the country who have filled vacancies with enterprises like indoor gardens, putting greens, dog runs, aquariums and casinos.
While the average retail vacancy rate in the U.S. peaked at 7.9% during the recession, it only reached 6.7% in Portland, 6.6% in Salem and 5.4% in Eugene, according to CoStar. (The vacancy rate in Atlanta, by contrast, peaked at 10.7%.)
Oregon suffered less in part because its cities’ urban growth boundaries prevented the type of endless, sprawling development that breeds an overabundance of shopping malls. Because of this supply constraint, retail inventory in Portland only grew by 13% over the past decade, compared to 17% nationwide. (Portland is the only Oregon market for which CoStar provides comprehensive coverage.)
“The local government and culture in Portland tends to backlash against large developments such as Super Wal-Mart and Target that the rest of the country loves,” says Carlos Ortea, a CoStar real estate economist. “It’s more of a culture of wanting to have smaller spaces, and less.”
Jesse Tron of the International Council of Shopping Centers says it’s too soon to know whether nontraditional tenants will become long-term fixtures in the shopping centers they are currently inhabiting.
“My guess is that a lot of centers would bring back the more traditional retail tenant,” he says, “but it all depends on if they see added value with nontraditional tenants in the mix.”
Thursday, January 08, 2015
BY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED
Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy.
Tuesday, January 27, 2015
BY KIM MOORE
Robin Anderson, dean of the Pamplin School of Business, University of Portland: "You need people who are comfortable leading in ambiguity."
Thursday, January 29, 2015
BY JASON NORRIS | OB GUEST BLOGGER
Active vs. passive investing: what you need to know.
Monday, January 26, 2015
BY BRIAN LIBBY
Matt French opens up South Waterfront.
Sunday, December 07, 2014
BY LINDA BAKER
On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.
Thursday, December 18, 2014
2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.
Monday, January 26, 2015
BY AMY MILSHTEIN
Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.