ROSE CITY DEAL CLOSING
We are pleased to announce that Production Media Company chose us as their Tenant Rep to represent them in negotiations that led to their leasing 6,350 sf ft…approximately one quarter of the Class B Offices at 8700 SW Creekside Place in Beaverton, OR. Tenant improvements were extensive…essentially the space was taken “down to the studs” and re-built to PMC’s specifications and color palette.
HOT MARKET: The Sunset Corridor leasing climate is the hottest it has been since it was initially developed decades ago. Certainly the growth of Intel and Nike have been contributory, but we are also seeing a significant influx of small, high-tech firms pick Portland in general…and the Sunset Corridor specifically as their choice for beginning operations or expansion. Even with the scarcity of space RCCRE was able to negotiate a Full Service 5-year lease with significant tenant improvements…at attractive “less than market” rates.
Production Media Company provides advertising and printing services to real estate brokerages and allied industries. Concurrent with expanding their Beaverton presence, they are opening up another satellite office in Denver, CO. PMC has already selected their furniture, cabling, and moving vendors. The tenant installed items phase is slated to begin on December 15th of this year with full operations in the new space to begin January 2, 2016. The success of this move took a huge amount of detail management…and no one did a better job than PMC Project Manager Brett Weaks. He and PMC are ideal clients.
Best of all possible luck to PMC Owner Jennifer Ferraro and her team in 2016!
BUILDING REPRESENTATION SUCCESS: The building owner chose Kevin VandenBrink and Eleanor Aschoff of Macadam Forbes to represent him in leasing activities. My interactions with them suggest he chose well. They were very professional and I feel that they did a great job for their client in negotiations, and working through the build-out details. Not only would I enjoy working on another deal with them, I would recommend them as Building Leasing Representatives to building owners with vacancies to fill. For excellence in Building Representation, call Kevin VandenBrink or Eleanor Aschoff of Macadam-Forbes, Inc. at 503.227.2500.
TENANT REPRESENTATION: We are proud that a company “on the move” trusted us to negotiate a deal that supported their long term goals. Rose City Commercial Real Estate is proud to be affiliated with Fred Real Estate Group, LLC. Contact our team about your commercial real estate needs at 503.577.1034 or rick@rosecitycre.com.