LEASE: CGC Enterprises, LLC has leased 1,065 square feet of Retail space at Northrup Medical Building, 1211 NW 23rd Ave., Portland, OR 97210 (MAP) from TMP Northrup, LLC. Dean Wier of Norris & Stevens, represented the Lessor. George Lampus of Real Estate Investment Group represented the Lessee.
LEASE: ABN The KOR PT has leased 7,088 square feet of Industrial space at Jackson Business Center, 7800 SW Durham Rd, Ste. 500, Tigard, OR 97224 (MAP) from Metzger Ventures LLC. Scott Finney, Norris & Stevens of represented the Lessor, Jennifer Medak of Norris, Beggs and Simpson, represented the Lessee.
LEASE: Succeed Safety & Health has leased 1,690 square feet of Office space at Parkway Plaza, 25195 SW Parkway Ave., Wilsonville, OR 97070 (MAP) from Parkway Plaza. Roger Lorenze and Duane Link of Norris & Stevens, represented the Lessor, John Medak of NAI Norris, Beggs & Simpson, represented the Lessee.
LEASE: Andersen Heating Inc. and K & S Workforce has leased 1,412 square feet of Industrial space at Teton Park, 19211 SW Teton Ave., Tualatin, OR 97062 (MAP) from Teton Park LLC. Scott Finney of Norris & Stevens, represented the Lessee.
LEASE: NORPAC Foods, Inc. has leased 20,844 square feet of Office space at Arneson Building, 4350 SW Galewood Rd, Lake Oswego, OR 97035 (MAP) from Arneson Building Company, LLC. Duane Link and Tom McDowell of Norris & Stevens, represented the Lessor and the Lessee.
LEASE: MDCRS, Inc. has leased 1,022 square feet of Shopping Center space at Pacific Terrace, 11533 SW Pacific Hwy, Tigard, OR 97223 (MAP) from Pacific Terrace LLC. Jason Johnson, Brad Macomber and Cheryl Elardo of Norris & Stevens, represented the Lessee and Lessor.
LEASE: CBA of Portland has leased 3,900 square feet of Industrial space at Sherwood Business Park, 13910 Galbreath, Sherwood, OR 97140 (MAP) from Spbc LLC. Scott Finney of Norris & Stevens, represented the Lessor. Scott Miller of Capacity represented the Lessee.
LEASE: Save the Planet Interiors has leased 1,320 square feet of Retail space at 319 NE Cedar St, Camas, WA 98607 (MAP) from Sandra L. Fischer Trust. Jason Johnson and Brad Macomber of Norris & Stevens, represented the Lessor. Greg Goforth of Coldwell Banker Commercial, Jenkins, represented the Lessee.
SALE: Amerco has purchased 60,000 square feet of Industrial space at 13921 SW Tualatin Sherwood Rd., Sherwood, OR 97140 (MAP) from Tercek Properties, LLC. Price: $3,600,000. Scott Finney of Norris & Stevens, represented the Seller and Buyer. Read more here.
LEASE: Commercial Fire Protection, Inc. has leased 1,365 square feet of Office and Industrial space at 8536 SW St. Helens Dr., Ste. B, Wilsonville, OR 97070 (MAP) from Rhoda Cady. Tim Budelman of Norris & Stevens, represented the Lessee, Randy Hoaglin of C and R Real Estate, represented the Lessor.
LEASE: Forix LLC has leased 3,093 square feet of Office space at Jefferson Office Park, 2120 SW Jefferson Street, Suite B300, Portland, OR 97201 (MAP), from Jefferson Watumull LLC. Richard Jennings of Norris & Stevens represented the Lessor. Douglas Jones of Norris Beggs & Simpson represented the Lessee.
LEASE: Infinity Rehab has leased 1,081 square feet of Office space at Parkway Plaza, 25195 SW Parkway Avenue, Wilsonville, OR 97070 (MAP), from Parkway Plaza. Roger Lorenze and Duane Link of Norris & Stevens represented the Lessor.
LEASE: Democratic Party of Oregon has leased 2,730 square feet of Office space at Hall Retail Plaza, 10120 SW Hall Boulevard, Portland, OR 97223 (MAP), from Perseverance LLC. Richard Jennings, Norris & Stevens, represented the Lessee and the Lessor.
LEASE: Campus Marketing Specialists, Inc. has leased 1,730 square feet of Office space at Yamhill Plaza Building, 815 SW 2nd Avenue, Portland, OR 97204 (MAP), from Asett, LLC. Richard Jennings and Eric Sklarz of Norris & Stevens represented the Lessor. Andrew Rosengarten of Jones Lang LaSalle represented the Lessee.
LEASE: NCS Pearson, Inc. has leased 1,651 square feet of Office space at Park Plaza West, 10700 SW Beaverton Hillsdale Hwy, Suite 595, Beaverton OR 97005 (MAP), from Park Plaza Offices, LLC. Duane Link of Norris & Stevens represented the Lessor.
SALE: Global Property investment, LLC purchased 39 spaces at Coos Bay Heights Mobile Home Park at 93643 McKenna Drive, Coos Bay, OR 97420 (MAP), from 93643 McKenna Drive LLC. Purchase price was $575,000. Todd VanDomelen of Norris & Stevens represented the Seller. Mark Hodges of E. L. Edwards Realty represented the Buyer.
LEASE: Alpine Outfitters, Inc. has leased 1,526 sq. ft. of Retail space at Country Square, 455 SW 2nd St., Lake Oswego, OR 97034 (MAP), from Country Square Properties. Brad Macomber and Dean Wier of Norris & Stevens represented both the Lessee and Lessor.
LEASE: Pinnacle Exhibits has leased 18,400 sq. ft. of Industrial space at Cornelius Industrial, 495 N Holladay St., Cornelius, OR 97123 (MAP), from JSTT Inc. Scott Finney of Norris & Stevens represented the Lessor.
LEASE: Espresso Arts, LLC has leased 1,587 sq. ft. of Retail space at Blanchard Building, 802 SW 10th Ave., Portland, OR 97205 (MAP), from Rich Hill Corporation. Brad Macomber and Dean Wier of Norris & Stevens represented the Lessee and Lessor.
SALE: Wildflower LLC has purchased 44 apartment units at 1838 Geary St., NE, Albany, OR 97322 (MAP), from Wildflower Apartments LLC. Purchase price: $3,650,000. Kirk Ward of Norris & Stevens represented the Buyer and the Seller.
LEASE: Synergy Artistic Salon has leased 1,500 sq. ft. of Retail space at Town Center Mercantile, 29970 SW Town Center Loop West, Wilsonville, OR 97070 (MAP), from Gevurtz Family Limited Partnership. Dean Wier, Brad Macomber and Cheryl Elardo of Norris & Stevens, represented the Lessee and Lessor.
LEASE: Barely Used Beds has leased 9,298 sq. ft. of Industrial space at Tigard Central Industrial Park, 12700 SW Hall Blvd., E-1, Tigard, OR 97223 (MAP), from TCTPI, LLC. Greg Nesting and Scott Finney of Norris & Stevens represented the Lessee and Lessor.
LEASE: Pinnacle Exhibits has leased 5,000 sq. ft. of Industrial space at Cornelius Industrial, 495 N. Holliday St., Cornelius, OR 97123 (MAP), from JSTT Inc. Scott Finney of Norris & Stevens, represented the Lessee.
SALE: BF Leromaho LLC has purchased 2,857 sq. ft. of Retail space at Jack in the Box, 19 NW 12th Ave., Battle Ground, WA 98607 (MAP), from Hardy M. Penzer and Danielle C. Penzer Trust. Brad Macomber of Norris & Stevens represented the Buyer. Justin Poor of Marcus and Millichap represented the Seller.
LEASE: RP Northwest, LLC has leased 2,644 sq. ft. of Office space at 9400 Place, 9400 SW Beaverton Hillsdale Hwy., Beaverton, OR 97005 (MAP), from Washington Springs, LLC. Duane Link of Norris & Stevens represented the Lessor.
LEASE: Meticulous Home Services, LLC has leased 2,175 sq. ft. of Industrial space at Parkrose Business Center, 11918 NE Sumner, Unit B, Portland, OR 97220 (MAP), from Watumull Properties. Greg Nesting, Scott Finney and Andrew Bean of Norris & Stevens, represented the Lessee and Lessor
LEASE: Bank of America, N.A. has leased 3,451 sq. ft. of Retail space at Wilsonville Town Center, 29778 SW Town Center Loop, Wilsonville Road, Wilsonville, OR 97070 (MAP), from SPM Wilsonville LLC. Cheryl Elardo of Norris & Stevens, represented the Lessor.
LEASE: HTG Inc. has leased 23,024 sq. ft. of Industrial space at Columbia Business Center, 2801 SE Columbia Way, Ste. 110, Bldg. 31, Vancouver, WA 98661 (MAP), from Amcor Packaging Distribution/Mohr Partners Inc. Scott Finney and Jason Johnson of Norris & Stevens, represented the lessee and lessor.
LEASE: Gen X Clothing has leased 7,500 sq. ft. of Shopping Center space at Hillsboro Shopping Center, 346 S. First Avenue, Hillsboro, OR 97123 (MAP), from Perseverance, LLC. Jason Johnson and Dean Wier of Norris & Stevens represented the Lessee and Lessor.
LEASE: Isaacs Insurance Services has leased 1,260 sq. ft. of Office space at Hall Boulevard Retail, 10120 SW Hall Boulevard, Portland, OR 97223 (MAP), from Perseverance LLC. Richard Jennings of Norris & Stevens represented the Lessee and Lessor.
LEASE: Thai Noodle Etc., LLC has leased 2,080 sq. ft. of shopping center space at Cedar Hills Crossing, 3205 SW Cedar Hills Boulevard, Suite 22, Beaverton, OR 97005 (MAP), from Center Developments Oregon, LLC. Brad Macomber of Norris & Stevens represented the lessee.
LEASE: Grassmueck Group has leased 1,320 sq. ft. of office space at Jefferson Office Park, 2140 SW Jefferson Street, Portland, OR 97201 (MAP), from JD Watumull LLC. Richard Jennings of Norris & Stevens represented the lessee and lessor.
LEASE: American Pacific Mortgage Corp has leased 1,482 sq. ft. of Office space at Chadel, 14025 SW Farmington Road, Beaverton, OR 97005 (MAP), from Chadel II, LLC. Tim Budelman of Norris & Stevens, represented the Lessee. Nick Baldwin of Hayden Group, represented the Lessor.
LEASE: Clear Skies Virtual Event Producer has leased 2,415 sq. ft. of Office space at Hollywood Station, 4224 NE Halsey, Portland, OR 97213 (MAP), from Hollywood Station One LLC. Roger Lorenze of Norris & Stevens represented the Lessee. Kevin VandenBrink of Macadam Forbes represented the Lessor.
LEASE: Giffin Bolte Jurgens PC has leased 4,435 sq. ft. of Office space at Yamhill Plaza, 815 SW Second Avenue, Portland, OR 97204 (MAP), from Asett LLC. Richard Jennings and Eric Sklarz of Norris & Stevens represented the Lessee and Niall Travers of Cresa Portland represented the Lessor.
SALE: Wildash Enterprises, LLC has purchased 23,000 sq. ft. of Industrial and Retail space at Atomic Auto Building, 2510 NE Sandy Boulevard, Portland, OR 97232 (MAP), for $1,350,000 from 4800 MLK, LLC. Greg Nesting of Norris & Stevens represented the Seller. Tyler Sheils of Jones Lang LaSalle and Dan Bozich of Urban Works represented the Buyer.
LEASE: Advanced Vascular Dynamics has leased 5,500 sq. ft. of Industrial space at Lincoln Business Center, 4252 SE International Way, Suite F, Portland, OR 97222 (MAP), from Watumull Properties Corp. Greg Nesting of Norris & Stevens represented the Lessor. Mike Duyn of Macadam Forbes represented the Lessee.
LEASE: Volunteers of America Oregon, Inc. has leased 5,482 sq. ft. of Industrial space at Whitaker Way Industrial Park, 13010 NE David Circle, Building #2, Portland, OR 97230 (MAP), from Redside Development, Inc. Mike Woodley and Andrew Bean represented the Lessor. Tony Reser of Kidder Matthews represented the Lessee.
LEASE: Aspect Education, Inc. has leased 5,851 sq. ft. of Office space at Block 90, 323 NW 13th Avenue, Portland, OR 97209 (MAP), from Pearl Condominiums @Block 90, LLC. Norris & Stevens represented the Lessor. Darren Shibuya of Cresa Partners represented the Lessee.
LEASE: Stephanie Dougherty and Marsha Lynn Dougherty have leased 2,396 sq. ft. of Office space at 1611 SE Bybee, Portland, OR 97202 (MAP), from 1611 SE Bybee Investors. Andrew Bean, Norris & Stevens, represented the Lessee Charlotte Larson, Urban Works Real Estate, represented the Lessor.
LEASE: Technology Conservation Group, Inc. has leased 7,195 sq. ft. of Industrial space at Parkrose Business Center, 11717 NE Marx, Units A & B, Portland, OR 97220 (MAP), from Watumull Properties. Greg Nesting, Scott Finney and Andrew Bean of Norris & Stevens, represented the Lessee and Lessor.
LEASE: Health Services, LLC has leased 1,015 sq. ft. of Shopping Center space at Cascade Plaza, 8845 SW Cascade Avenue, Beaverton, OR 97008 (MAP), from Harsch Investment Corp. Dean Wier of Norris & Stevens, represented the Lessee. Spencer McCormick of HSM Pacific, represented the Lessor.
LEASE: EHNA, Inc. has leased 2,606 sq. ft. of Retail Space at Creamery Building, 539 NW 21st, Portland, OR 97209 (MAP), from Tualatin Investment Corporation. Dean Wier of Norris & Stevens represented the Lessor. Ron Spagle of City Realty represented the Lessee.
LEASE: Thai Xuan Nguyen has leased 1,662 sq. ft. of Retail space at Wilsonville Town Center, 8249 SW Wilsonville Road, Suite C, Wilsonville, OR 97070 (MAP), from SPM Wilsonville LLC. Cheryl Elardo, Norris & Stevens, represented the Lessee and Lessor.
LEASE: Social Lies Pub and Grill has leased 4,160 sq. ft. of Shopping Center space at Hillsboro Shopping Center, 386 S. First Avenue, Hillsboro, OR 97123 (MAP), from Perseverance LLC. Dean Wier and Jason Johnson of Norris & Stevens, represented the Lessee and Lessor.
SALE: Wayne and Dorothy Lund have purchased Elliot Heights, a 27 unit Multi-Family community, located at 206 Teresa Way, Kelso WA 98626 (MAP), from Elliott Heights LLC, for $1,035,000. Tim O’Brien of HFO Investment Real Estate represented the Seller. Todd VanDomelen of Norris & Stevens, Inc., represented the Buyer.
LEASE: Exhibits Northwest Inc. has leased 5,250 sq. ft. of industrial space at Jackson Business Center, 7800 SW Durham Road, Suite 300, Tigard, OR 97224 (MAP), from Metzger Ventures LLC. Scott Finney of Norris & Stevens represented the lessee and the lessor.
LEASE: McLoughlin and Eardley Group Corp. has leased 6,660 sq. ft. of industrial space at Jackson Business Center, 7800 SW Durham Road, Suite 600, Tigard, OR 97224 (MAP), from Metzger Ventures LLC. Scott Finney of Norris & Stevens represented the lessee and the lessor.
LEASE: Devon Way, Inc. has leased 1,712 sq. ft. of office space at Yamhill Plaza, 815 SW 2nd Avenue, Suite 410, Portland, OR 97204 (MAP), from Asett, LLC. Richard Jennings and Eric Sklarz of Norris & Stevens represented the lessee and the lessor.
LEASE: WCC Oregon, Inc. has leased 1,353 sq. ft. of office space at Lincoln Center, 1 Lincoln Center, 10300 SW Greenburg Road, Suite 555, Portland, OR 97223 (MAP), from Shorenstein Realty Services, L.P. Richard Jennings of Norris & Stevens represented the lessee.
LEASE: Qixiang Muli Su Corporation has leased 4,200 sq. ft. of retail space at Wilsonville Town Center, 8222-8269 SW Wilsonville Road, Wilsonville, OR 97070 (MAP), from SPM Wilsonville LLC. Cheryl Elardo of Norris & Stevens represented the lessee and the Lessor.
LEASE: Portland Art Museum has leased 9,496 sq. ft. of industrial space at Greentree West Business Center, 10950 SW Fifth Street, Beaverton, OR 97005 (MAP), from Harsch Investment Properties, LLC. Greg Nesting of Norris & Stevens represented the lessee. Joe Curran and Stu Peterson of Macadam Forbes represented the Lessor.
LEASE: Taco Bell Corporation has leased 1,989 sq. ft. of Retail space at Wilsonville Town Center, 8251 SW Wilsonville Road, Wilsonville, OR 97070 (MAP), from SPM Wilsonville LLC. Cheryl Elardo of Norris & Stevens, Inc. represented the Lessee and Lessor.
INDUSTRIAL MARKET: A new report by Reynders, McVeigh Capital Management claims that economic factors such as increased transportation costs and a reduction in the wage gap between the US and China, as well as technological innovation, are leading to a new trend of manufacturing moving back into the US. Will this "homesourcing" lead to an accelerated improvement in the industrial real estate sector? Read the report here.
NATIONAL CRE UPDATE: CoStar National Composite Index of CRE pricing made a solid gain of 0.6% in November 2011 over the previous month (and gaining for the seventh straight month); prices now an average 1.8% higher compared to the same period a year ago. This represents the second consecutive year-over-year increase in the Index since 2008. Click here to read the article, or download the complete report.
LEASE: Carlson Wagonlit Travel, Inc. has leased 2,225 sq. ft. of Office space at Jefferson Office Park, 2140 SW Jefferson Street, Suite D200B, Portland, OR 97201 (MAP), from J. D. Watumull LLC. Richard Jennings, Norris & Stevens, represented the Lessor; Andrew Rosengarten of Jones Lang LaSalle represented the Lessee.
LEASE: Colas Construction has leased 2,073 sq. ft. of Office space at 19 NW 5th Avenue, Suite 203, Portland, OR 97209 (MAP), from Columbia Brick Works. Richard Jennings, Norris & Stevens represented the Lessee. Mark Childs of Capacity Commercial Group represented the Lessor.
LEASE: Function Intensity Training has leased 3,375 sq. ft. of industrial space at Industrial on Pilkington, 17425 SW Pilkington Rd. Suite A, Lake Oswego, OR, 97035 (MAP), from Judith Stevens. Scott Finney and Rhonda Scott of Norris & Stevens represented the lessor and the lessee.
LEASE: Competition Radiator has leased 3,300 sq. ft. of industrial space at Durham Hall Business Center, 16285 SW 85th Avenue, Suite 303, Tigard, OR 97224 (MAP), from W.H. Shipman. Scott Finney and Scott Perry of Norris & Stevens represented the lessor and the lessee.
LEASE: Marc Sales & Leasing LLC has leased 8,500 sq. ft. of retail space at Springfield Retail, 1991 Olympic Street, Springfield, OR 97477 (MAP), from Toyama Maui Plantation. Charles Conrow and Scott Perry of Norris & Stevens represented the lessor.
LEASE: Crossfit Wilsonville LLC has leased 2,900 sq. ft. of industrial space at Commerce Circle Condominiums, 9725 SW Commerce Circle, Wilsonville, OR 97070 (MAP), from Commerce Circle Condominiums. Roger Lorenze and Scott Finney of Norris & Stevens represented the lessee and Mary Martin Miller of Miller Consulting Group, LLC represented the lessor.
LEASE: Crafty Wonderland has leased 1,447 sq. ft. of retail space at Blanchard Building, 802 SW 10th Avenue, Portland, OR 97205 (MAP), from Rich Hill Corporation. Brad Macomber and Dean Wier of Norris & Stevens represented the lessor. Natalie Butler of New and Neville represented the lessee.
LEASE: HCG Software LLC has leased 1,622 sq. ft. of office space at Jefferson Office Park, 2140 SW Jefferson Street, Ste. D100, Portland, OR 97201 (MAP), from Jefferson Watumull LLC. Richard Jennings of Norris & Stevens represented the lessor and the lessee.
LEASE: Mattress MegaStore, LLC has leased 5,500 sq. ft. of retail space at 13844 SE McLoughlin Blvd, Milwaukie, OR 97222 (MAP), from Pyramidion, LLC. Jason Johnson and Dean Wier of Norris & Stevens represented the Lessee. Natalie Butler of New & Neville Real Estate Services represented the Lessor.
LEASE: Yours Truly Personalized Gifts, Inc. has leased 1,300 sq. ft. of retail space at Country Square, 425 SW 2nd Street, Lake Oswego, OR 97034 (MAP), from Country Square Properties. Brad Macomber and Dean Wier of Norris & Stevens represented the Lessee. Paul Miller of Barnard Commercial Real Estate represented the Lessor.
LEASE: International Council of the Foursquare Gospel has leased 15,832 sq. ft. of shopping center space at Village Square Shopping Center, 16022 SE Stark Street, Portland, OR 97233 (MAP), from James Markley. Dean Wier of Norris & Stevens represented both the Lessee and the Lessor.
SALE: Lennar Northwest, Inc. has purchased 40 lots at King Arthur Estates Subdivision, SE 147th, Happy Valley, OR 97086, from Bank of the West for $2,000,000. Todd VanDomelen and Charles Conrow of Norris & Stevens represented the Seller. Michael Anders of NW Realty represented the Buyer.
SALE: Hayes Management Trust has purchased 42 apartment units at Clark Creek Apartments, 884 SE Fairview Ave., Salem, OR 97302 (MAP), from George Anderson for $1,900,000. Kirk Ward of Norris & Stevens represented both the Seller and the Buyer.
SALE: RDC Fund and Park Terrace, LLC has purchased 52 apartment units at Park Terrace Apartments, 2073 SW Park Avenue, Portland, OR 97201 (MAP), from Park Terrace LLC for $6,300,000. Kirk Ward of Norris & Stevens represented the Seller. Joseph Berand Investment Real Estate, LLC represented the Buyer.
SALE: Clan, LLC has purchased 6,600 sq. ft. of retail space at Hillsboro Automotive, 235 SW Oak Street, Hillsboro, OR 97123 (MAP), from Steven J. Belch and Diana L. Belch for $725,000. Tom McDowell of Norris & Stevens represented the Seller. Jim Reiter of Marcus & Millichap, represented the Buyer.
LEASE: Premier Retirement Services has leased 2,845 sq. ft. of office space at Parkway Plaza, 25195 SW Parkway Ave., Wilsonville, OR 97070 (MAP), from Parkway Plaza. Duane Link, Roger Lorenze and Eric Sklarz of Norris & Stevens represented the lessor and the lessee.
LEASE: Tuality Physicians, PC has leased 3,600 sq. ft. of office space at Tuality Professional Plaza, 730 SE Oak Street, Suite D, Hillsboro, OR 97123 (MAP), from George R. Teufel. Richard Jennings and Eric Sklarz of Norris & Stevens represented the lessor and the lessee.
LEASE: Cash For Your Gold has leased 1,200 sq. ft. of shopping center space at Bel Aire Shopping Center, 6157 SW Lombard, Beaverton, OR 97008 (MAP), from Joe and Gina Markley. Dean Wier of Norris & Stevens represented the lessor. KLM Commercial Real Estate represented the lessee.
LEASE: Technology Conservation Group, Inc. has leased 7,195 sq. ft. of industrial space at Parkrose Business Center, 11717 NE Marx, Units A & B, Portland, OR, 97220 (MAP), from Watumull Properties. Greg Nesting, Scott Finney and Andrew Bean of Norris & Stevens represented the lessor and the lessee.
LEASE: The Paradies Shops, LLC has leased 1,000 sq. ft. of industrial space at Parkrose Business Center, 12029-B NE Marx, Portland, OR, 97230 (MAP), from Watumull Properties. Greg Nesting, Scott Finney and Andrew Bean of Norris & Stevens, represented the lessor and the lessee.
SALE: Watumull Properties, Corp. of Honolulu, HI has purchased a 61,350 sq. ft. light industrial building facility at 2300 E. 1st St., Vancouver, WA 98661 (MAP) for $3,150,000. Greg Nesting of Norris & Stevens represented the Buyer, while Brian Sullivan of Coldwell Banker Bain Commercial represented the Seller, Dekas, LLC. Read more here.
NATIONAL CRE UPDATE: Positive momentum seen in CoStar’s monthly National Composite Index of commercial real estate prices; 2.2% gain in October 2011 represents the first year-over-year increase since 2008. Click here to read the full article.
LEASE: Spire Technologies has leased 3,250 sq. ft. of office and datacenter space at Jefferson Office Park at 2140 SW Jefferson St., Ste D300, Portland, OR 97205 (MAP), from Jefferson Watumull, LLC. Broker Richard Jennings of Norris & Stevens represented the Lessee and Lessor.
SALE: Evolve Discovery Portland, LLC has purchased the Michael G. Building at 827 SW 2nd Avenue, Portland, OR 97204 (MAP), from John Jay R. Clemens for $950,000. Brokers Tom McDowell and Steve Mack of Norris & Stevens represented the Seller. Andrew Bean, and Greg Nesting of Norris & Stevens, represented the Buyer.
SALE: Barbara Lundberg has purchased Chelsea Court Apartments at 3448 Livingston Street, NE, Salem, OR 97303 (MAP), from David M. Silva Family Trust for $1,550,000. Brokers Tom Davies and Kirk Ward of Norris & Stevens represented the Buyer and Seller.
LEASE: Dr. A. Steven Singh, DDS has leased 1,100 sq. ft. of Office space at Tigard Medical Mall, 9735 SW Shady Lane, Ste 308, Tigard, OR 97223 (MAP), from Arthur L. McFadden. Eric Sklarz, Norris & Stevens Commercial Property Management, represented the lessor and lessee.
LEASE: Bulletproof DBA Aspen Bio Fuels has leased 39,534 sq. ft. of Industrial space at Savage Wholesale, 5335 SW 107th Avenue, Beaverton, OR 97005 (MAP), from Savage Wholesale Building Materials Inc. Scott Finney of Norris & Stevens represented the Lessee Tom Secelo of Bean and Associates represented the Lessor.
SALE: The JB Matteson, Inc. has purchased the 244 unit Prairie Park Apartments at 11510 NE 112th Drive, in Vancouver, WA (MAP), from Prairie Park One LLC for $21,000,000. Broker Steve Mack of Norris & Stevens, represented the Buyer and Seller.
LEASE: Academy For Kids has leased 6432 and 2,205 sq. ft. of retail space at Sunnyside Plaza, 14755 SE Oregon Trail Drive and 14779 SE Oregon Trail Drive, Happy Valley, OR 97015 (MAP) from TPOR-A, LLC and TPOR-B, LLC. Brad Macomber and Anhtuan Huynh, Norris & Stevens, represented the lessor. Brett Bayne, Macadam Forbes, Inc. represented the lessee.
LEASE: SP Carpet Pros, Inc. has leased 8,428 sq. ft. of retail space at Parkrose Business Center, 11825-31 NE Marx, Units C & D, Portland, OR 97220 (MAP), from Watumull Properties. Greg Nesting and Scott Finney, Norris & Stevens, represented the lessor and lessee.
LEASE: Nationwide Wireless has leased 1,155 sq. ft. of retail space at Town Center Mercantile, 29890 SW Town Center Loop, Suite F, Wilsonville, OR 97070 (MAP), from Gevurtz Family Limited Partnership. Brad Macomber and Dean Wier, Norris & Stevens, represented the lessor. Brock Switzer, HSM Pacific Realty, Inc, represented the lessee.
LEASE: Cat Adoption Team has leased 3,550 sq. ft. of retail space at Scholls Crossing Center, 4836 SW Scholls Ferry Road, Portland, OR 97925 (MAP) from Scholls Crossing Center. Dean Wier and Roger Lorenze, Norris & Stevens, represented the lessor. Matt Schweitzer, North Rim Partners, represented the lessee.
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Experts agree: Norris & Stevens is recognized as one of the top commercial firms in the United States. We add to our repertoire with a new award from 2007.
Best of the Best
With over 12 million square feet of managed property, Norris & Stevens is Oregon's market leader.