Earlier today the NAIOP Research Foundation posted a video of how commercial real estate development positively impacts the economy. It’s a nice visual wrap-up of information from the foundation’s report How Office, Industrial and Retail Development and Construction Contributed to the U.S. Economy in 2012.
Watch the video here.
Jim Bennetts has joined NAI Norris, Beggs & Simpson as a Real Estate Broker specializing in industrial leasing and sales throughout the Portland metro area.
Bennetts has a background in sales, and graduated from the University of Oregon with a degree in political science and a minor in business.
He is a licensed real estate broker in Oregon and a member of the Commercial Association of Brokers Oregon/SW Washington (CAB).
NAI Norris, Beggs & Simpson’s property management team, which manages nearly 10 million square feet around the Portland metro area, has welcomed two new team members, Jamie Kennon and Rhonda Scott.
Property Manager Jamie Kennon most recently worked as the Property Manager/Marketing Director at Oxnard Factory Outlet, a 32-store retail mall in Oxnard, California. She managed the project from prior to construction to completion, and was responsible for a wide variety of management and marketing responsibilities. She has also worked as a Property Manager for Trammell Crow Company in City of Commerce, California, where she managed a mixed-use portfolio totaling more than 2.5 million square feet. Kennon attended Arizona State University. More >
Custom online menswear retailer Indochino is opening a pop-up Traveling Tailor store in Portland for nearly two weeks in September.
Indochino describes itself as the world’s premier online custom menswear company, with customers taking their measurements in the comfort of their own homes, and a hand-tailored, stylish suit delivered to their homes within four weeks. The Traveling Tailor program, however, allows customers in select North American cities to be measured and styled in person.
The pop-up shop will be open in downtown Portland’s Blanchard Building, 922 SW Yamhill Street, Sept. 12-23. NAI Norris, Beggs & Simpson retail broker Geri Varvel represented Indochino in the 4,393 sf lease.
Valorie Cochran, a property manager with more than 20 years of experience in the Portland and Las Vegas markets, has joined NAI Norris, Beggs & Simpson as a Senior Property Manager.
Prior to joining NAI NBS, Cochran was a Regional Property Manager with Weingarten Realty in Las Vegas. Her portfolio included eight open-air retail properties totaling more than 1.6 million sf, with approximately 210 tenants. She also has experience in residential property management, and managed 2,300 units while a Regional Manager at Alliance Residential Companies of Portland.
Cochran earned a bachelor’s degree in real estate studies from Marylhurst University. She is a Certified Property Manager (CPM) through the Institute of Real Estate Management, and has been actively involved in the IREM Las Vegas chapter the past few years, including serving as its 2012 President.
Michael Hale has joined NAI Norris, Beggs & Simpson as a Real Estate Broker specializing in industrial leasing and sales throughout the Portland metro area.
Hale was most recently a Strategic Wine and Spirits Chain Representative for Gallo Wine Company in Los Angeles. He launched and marketed liquor and wine brands, with primary duties including strategic merchandising, product placement in grocery and drug stores, and building and maintaining client relationships with store directors. During three years with the company, he was repeatedly recognized for high sales levels.
Hale holds a bachelor’s degree in speech communication from the University of Nevada – Reno, where he also played baseball.
With $3.75M Purchase of 23-Acre Truck Terminal Campus, Swift Transportation Will Remain in Troutdale
Swift Transportation has paid $3.75 million for a 23-acre truck terminal campus in Troutdale, opting to stay in Troutdale rather than relocate to another part of the metro area. NAI Norris, Beggs & Simpson Vice President Ken Boyko and Senior Vice President Jack McConnell represented the seller, Ilahie Holdings, LLC. More >
The sale of Block 296 at NW 21st and Raleigh has closed, paving the way for a mixed-use redevelopment anchored by New Seasons Market. NAI Norris, Beggs & Simpson President Chris Johnson and Vice President MaryKay West represented the seller, Con-way, Inc. Vice President Robert Black represented the buyer, C.E. John Company.
The 2-acre property, which includes a 36,000 sf warehouse that was built in 1952, is located between NW 21st and 22nd Avenues and Raleigh and Quimby Streets, and its redevelopment has been dubbed Slabtown Marketplace.
“Securing an anchor tenant such as New Seasons has been the goal of Con-way since the inception of this project, and having such an amenity will help catapult the remainder of the development,” Johnson said. More >
Geri Varvel, a longtime employee of NAI Norris, Beggs & Simpson, has taken on a new position as a Real Estate Broker, specializing in retail leasing and sales around the Portland metropolitan area.
Varvel most recently worked in brokerage support for NAI NBS. During her 12-year career with NAI NBS, she has worked in a variety of the company’s other departments, including property management accounting, loan servicing, market research and its transaction desk.
Varvel is a licensed real estate broker in Oregon and a member of the Commercial Association of Brokers (CAB) and the International Council of Shopping Centers (ICSC).
Join us on the third floor of the Bank of America Building in downtown Vancouver on August 27 for the Greater Vancouver Chamber of Commerce’s No Business After Hours – Up on the Roof. The event will feature live music, a photo booth and a chance to win some great prizes, and tropical attire is encouraged. Get more information and register for the event here. More >