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|Archives - May 2008|
|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.
Wednesday, August 27, 2014
BY KLINT FINLEY
Treehouse CEO Ryan Carson builds a 21st-century trade school.
Tuesday, August 26, 2014
BY JESSICA RIDGWAY
September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
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.
Thursday, September 25, 2014
BY HANNAH WALLACE
Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.
Monday, September 29, 2014
BY LINDA BAKER | OB EDITOR
Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
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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.
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