NAI Norris, Beggs & Simpson | Pacific Northwest Commercial Real Estate


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December 21, 2007 Portland Business Journal	Portland Business Journal's 2007 Book of Lists NAI Norris, Beggs & Simpson placed Number 2 on the list of Top 25 Commercial Real Estate Firms, and Number 3 on the list of Top 25 Commercial Property Management Firms.

December 21, 2007 Vancouver Business Journal	Outlook: Normal(izing) Commercial real estate slightly softening, but healthy…Coming off of several years of gangbusters retail development, Clark County’s retail market has slowed slightly, but is the only county in the Vancouver-Portland metro area whose vacancy dropped in the fourth quarter.

December 20, 2007 Daily Journal of Commerce	How condos almost ruined redevelopment A crazy market pushed property prices sky-high and then crashed, leaving redevelopers in the lurch… In the last 10 to 15 years, Portland has seen a metamorphosis in its traditionally industrial neighborhoods, as redevelopment of structurally or functionally obsolete buildings into multi-tenant, multi-use facilities became an attractive opportunity for entrepreneurs.

December 14, 2007 Portland Business Journal	Hospital, condo projects nab construction honors (Around Town) Weston Investment Acquires Hollywood’s Distribution Center.

December 14, 2007 The Columbian	Home Depot picks Battle Ground for new store Home Depot will open a store in Battle Ground, and other large retailers are likely to follow.

December 12, 2007 Daily Journal of Commerce	Real estate firm donates space to Vancouver charity Portland real estate firm NAI Norris, Beggs & Simpson has donated to several causes this month.

December 11, 2007 The Columbian Newsletter	People Garret Harper, right, a broker with the Vancouver office of Norris Beggs & Simpson Co., has helped his client, Bob Bennett, set up the donation of a 20,000 square-foot warehouse to the Salvation Army for storing and distributing its charitable collections during this year's holiday season.

December 10, 2007 Daily Journal of Commerce	Kruse Way’s leasing loss is Beaverton’s gain Motorola has leased 16,875 square feet of flex/industrial space at the Jay Street Buildings in Beaverton, NAI Norris, Beggs & Simpson said Friday.

December 9, 2007 The Columbian	Office condo sales Brokers for Pacific Crest Plaza office condominiums say spaces in the building nearing completion next to Cinetopia in Cascade Park are selling well. Eight of the building's 12 commercial condos have been placed under contract.

December 2007 Western Real Estate Business	Groundbreakers Debbie Chen is highlighted and pictured.

December 2007 Western Real Estate Business	Extra credit Loans recently closed for Western properties. NBS Financial’s Garden Apartments (Glacier Point) included.

December 2007 Brainstorm NW	Though it doesn’t directly mention NBS, this month’s issue contains a special section on office environments in the Portland MSA, and NAI NBS' Tamara Fuller helped The Columbian building score a picture in the article, “Habitats for Humanity,” about intriguing common areas around the Portland MSA.

November 23, 2007 Vancouver Business Journal	Movers and shakers Fuhrer Earns CPM Title…Kimberly Fuhrer, a property manager at NAI Norris, Beggs & Simpson in Vancouver, has received a certified property manager designation from the Institute of Real Estate Management.

November 15, 2007 Daily Journal of Commerce	Portland booming, but not at ’04-’06 pace The investment market could see $1 billion in deals, but it’s still second-tier…Like much of the rest of the nation, Portland’s was a frenzied real estate investment market in 2004 and 2005. And although activity calmed in 2006, the market still saw in excess of $1 billion in commercial transactions last year.

November 13, 2007 Daily Journal of Commerce	Pacesetters NAI Norris, Beggs & Simpson has hired Debbie Chen to its brokerage staff.

November 9, 2007 Daily Journal of Commerce	Fuhrer obtains property manager designation NAI Norris, Beggs & Simpson has announced that Kimberly Fuhrer has obtained her certified property manager designation from the Institute of Real Estate Management.

November 9, 2007 Portland Real Estate Now	Industrial real estate prices expected to surge Portland State University’s Center for Real Estate released its third quarter report. The report includes an interesting piece by Roger Qualman, a partner in the commercial real estate firm of Norris Beggs and Simpson.

November 8, 2007 The Oregonian	Apartments rising in South Waterfront Rentals are hot, condos are not, as market demands shift…South Waterfront, Portland's new riverfront neighborhood, started rising when condos got crazy and Oregon Health & Science University craved more space. Five condo towers and one medical research building sprouted in the past four years.

November 7, 2007 CoStar	NAI Norris Beggs & Simpson adds office broker Chen Makes Transition From Residential to Commercial Real Estate…Debbie Chen has joined NAI Norris Beggs & Simpson as an office broker on the firm's Suburban Office market team.

November 5, 2007 Daily Journal of Commerce	Olympic Mills grinds away at leasing With its unmistakable banana-peel yellow façade, Olympic Mills looms over the Central Eastside. On its inside, however, the structure exudes the intangible green hue of a sustainable building.

November 4, 2007 The Columbian	Business briefing Kimberly Fuhrer, property manager for Norris, Beggs & Simpson, has obtained her certified property manager designation from the Institute of Real Estate Management.

November 2, 2007 The Oregonian	Business people NAI Norris, Beggs & Simpson has added Debbie Chen to its Portland brokerage staff.

November 1, 2007 Gresham Outlook	Complex’s retail space to complement tenants The Beranger seeks downtown tenants, condo buyers…Only one of the seven ground-floor spaces is leased at the new Beranger, but the sheer variety of interested businesses bodes well for the diversity of downtown Gresham.

November 2007 Western Real Estate Business	Groundbreakers NAI Norris, Beggs & Simpson has hired Eric Shreves as the newest member of the Portland-based company’s investment sales division.

November 2007 Real Estate Forum	NAI rated second globally by Real Estate Forum Of the industry's leading companies in the brokerage, ownership, finance and development arenas, Real Estate Forum rated NAI Global number two.

November 2007 PSU Real Estate Quarterly Magazine	Industrial development trends As an asset class, industrial property tends to be less exciting than other categories, with little change in rents or values, boxy designs, lots of concrete and pavement, and minimal sex appeal. However, several trends are now in play which will make the industrial segment more interesting in years ahead.

November 2007 Commercial Investment Real Estate	Market comes of age The $291.6 million sale of three Brewery Blocks to JP Morgan Chase & Co. affirms Portland’s place as a hot real estate market…say MaryKay West, CCIM, and Chris Johnson, SIOR…

November 2007 Commercial Investment Real Estate	NAI Global is rated #2 “Big Brokerage Networks” in the magazine’s Market Trends section.

October 31, 2007 The Columbian	Local angle: Housing woes push rents higher Apartment rental rates in the Vancouver-Portland market are following national rates higher this year.

October 26, 2007 Portland Business Journal	Majority owners don’t plan to sell Portland Meadows Magna may unload its license, but it owns only 22 percent of the property…When Magna Entertainment announced last month it would sell its share of Portland Meadows, horse racing enthusiasts and developers took note.

October 23, 2007 Portland Center Stage Blog	And the award goes to… Last week’s Portland Business Journal delivered the annual installment of their Corporate Philanthropy Awards, a listing of business that give heavily to local non-profits. And some of our best business partners are all over the awards.

October 22, 2007 KGW-TV	Your money, your business: Downtown office space Channel 8 Correspondent Joe Smith investigates downtown office vacancy, interviews Sean Turley.

October 19, 2007 Portland Business Journal	Investors eye old buildings As vacant office dries up in downtown Portland, investors and brokers are looking to older buildings to provide the large blocks of space missing from the market.

October 18, 2007 Daily Journal of Commerce	Face Of Northwest Portland changes Companies displaced from the Pearl now replace firms in the quadrant’s industrial district…When you think of Northwest Portland, fine restaurants and upscale boutiques often come to mind. The heavy industry of the Northwest Portland Industrial Area often doesn’t.

October 17, 2007 The Columbian	Firm leases space from Columbian Aha!, a Vancouver marketing-communications business, will consolidate its operations into space on the fifth floor of the new Columbian office building.

October 17, 2007 CoStar	Schnitzer Steel Bldg. sells for $5.2M Office Bldg. in Yeon Business Center Fetches $167 Per SF…Schnitzer Investment Corp. has sold the office building at 3200 NW Yeon St. in Portland to Bruce Buchberger of JBJ Holdings II LLC for $5.25 million, or approximately $167 per square foot.

October 15, 2007 Portland Business Journal	Real estate roundup: Architectural oddity has new owners The Davis Building, a long-vacant architectural oddity in Southeast Portland, has new owners and potentially a new lease on life.

October 12, 2007 Portland Business Journal	Shorenstein breaks ground on downtown office tower Some 150 cars have been evicted, construction fencing is up and the ground is broken.

October 12, 2007 Portland Business Journal	Corporate Philanthropists Norris, Beggs & Simpson Companies places 15th in cash contributions to nonprofits by “medium companies $10-50 million in revenue." NBS Companies was the only commercial real estate company to place in this category.

October 12, 2007 Daily Journal of Commerce	Portland real estate has strong third quarter Unlike National Trend, Local Market Shows Reasonable Gains Across the Board...Portland’s real estate market has, for the time being, dodged the sub-prime-mortgage bullet.

October 11, 2007 CoStar	First & Main Building breaks ground Shorenstein, Gerding Edlen Begin Work on 16-story Green Tower in Downtown Portland...Shorenstein Properties has broken ground on the 366,500-square-foot First & Main office building at 100 SW Main St. in downtown Portland, OR.

October 6, 2007 The Oregonian	Real estate notes Offices In Demand...If there was any wonder why office towers are the next thing in downtown high rises, here's the answer: this week's Third Quarter report from NAI Norris, Beggs & Simpson shows the summer vacancy rate for Class A office space in the central city was 5.2 percent.

October 2007 Apartment Manager	NAI NBS Investments gains DC winner NAI Norris, Beggs & Simpson is proud to announce Eric Shreves, Esq., as the newest member of our investment sales division, the Capital Asset Group. Shreves specializes in multi-family properties.

September 28, 2007 Daily Journal of Commerce	First & Main groundbreaking starts office tower race Shorenstein Gets a Jump on Tom Moyer with 16-Story Downtown Office Tower...California developer Shorenstein Properties broke ground Wednesday on downtown's 16-story First & Main, and the race is on to build Portland's first new class-A office tower in nearly a decade.

September 23, 2007 The Oregonian	Condominium sales no longer the hot commodity in Portland Sea shift \| With the slowdown in buying, builders are switching to luxury apartment...When condo sales soared in Portland in recent years, apartments emptied as renters chased the next buy. Now that condo sales have sagged, apartments are filling up again.

September 20, 2007 CoStar	Wymore Distribution Center fully leased North Pacific Group Takes Remaining 50,000 SF at Clackamas Facility...North Pacific Group has signed a five-year lease for 50,000 square feet in the Wymore Distribution Center, a 156,000-square foot facility at 12399 SE Capps Road in Clackamas, OR, bringing the property to fully leased status

September 13, 2007 Western Real Estate Business	Environmentality More and more property owners are giving developers the green light for sustainable building...The idea of overnight success is a pretty fantastic one. That you'll most assuredly achieve success right away because you've got the vision and innovation to make it happen.

September 10, 2007 Daily Journal of Commerce	Putney joins NAI Norris, Beggs & Simpson NAI Norris Beggs & Simpson has hired broker Kevin Putney to its Vancouver office as part of its Capital Asset Group. Putney will team with executive vice president H. Roger Qualman.

September 10, 2007 Daily Journal of Commerce	NAI Norris, Beggs & Simpson hires Shreves NAI Norris, Beggs & Simpson has hired Eric Shreves as a member of its investment sales division.

September 7, 2007	NBS Companies Portland to Coast team raises $1,780 The Norris, Beggs & Simpson Companies Portland to Coast Walk Relay team raised $1,780 by the race's beginning morning.

August 28, 2007 Daily Journal of Commerce	Schnitzer sells distro center for $8.25 million Schnitzer Investment Corp., has sold the Kittridge Distribution Center, on behalf of SIC Oregon, to LIT Industries LP for $8.25 million.

August 23, 2007 Daily Journal of Commerce	Pacesetters: Marketing Norris, Beggs & Simpson has hired Jessica Wallenfels to its advertising department as a public relations and marketing specialist.

August 23, 2007 The Oregonian	The Salvation Army moves divisional HQ The Salvation Army is moving its divisional headquarters to the Clackamas area following teh $7.4 millsion purchase of the three-story Monterey Plaza building.

August 7, 2007 Daily Journal of Commerce	East side faces close-in conundrum The once-industrial district is now a neighborhood in transition...The close-in east side of Portland has a conundrum. After a century as the gateway to one of the city's quadrants, it still has not found a signature name. People have tried names such as Eastside Design District or even Stone District.

August 2007 B2B The Columbian	Clark County's Most Powerful Women Local Femal Leaders Analyze Obstacles to Reaching the Top...There are a handful of Clark County companies where women are well represented in top executive positions. Take New Edge Networks where Linda Beck is president and one of five women on the telecom company's 10-person executive board. Former Intel executive Joanna Lohkamp leads Isonics Semiconductor here as chief operating officer.

July 31, 2007 Daily Journal of Commerce	Blake Hering, Jr., and Mike Wood promoted to partner at NAI Norris, Beggs & Simpson Hering is an executive vice president of real estate finance at NBS...Wood headed the expansion of NBS's real estate finance operations in Puget Sound.

July 27, 2007 The Columbian	Aha! is potential Columbian tenant A second possible tenant for the new $30 million Columbian office building in downtown Vancouver has emerged.

July 26, 2007 GlobeStreet.com	JPMorgan buys Brewery Blocks MXD for $292M Gerding Edlen Development has sold the remaining pieces of its diversified, LEED-certified commercial portfolio here known as the Brewery Blocks. The five-block development at East Burnside and Northwest 11th Avenue sits on this city’s streetcar line and connects the Downtown core to the Pearl District.

July 22, 2007	NBS welcomes two new partners Norris, Beggs & Simpson Companies is pleased to announce its two newest partners, Executive Vice Presidents of Real Estate Finance Blake Hering, Jr. and Mike Wood, both of NBS Financial Services. The company has been privately held since its inception in 1932.

July 2007 Western Real Estate Business	Portland's push Large institutional investors are getting more involved in Portland, Oregon's office sector, the city's multi-family sector is coming off its best year in recent memory and major retailers are noticing the market as well. Big things are afoot in the City of Roses.

June 29, 2007 Daily Journal of Commerce	Selling property? Don't get soaked by a drywell A faulty stormwater management system can derail a transaction...Fifteen years ago, a leaking underground storage tank was considered the kiss of death to a commercial real estate sale. Today's equivalent is an onsite drywell, also known as an underground injection control

June 25, 2007 Portland Business Journal	Waggener Edstrom Worldwide inks 70,000 square foot deal Waggener Edstrom Worldwide Inc. renewed its lease at Three Centerpointe in Lake Oswego, signing a deal for a little more than 70,000 square feet of office space. Jennifer Medak and Bill Smith of NAI Norris Beggs & Simpson Commercial Real Estate Services represented the landlord, Property Reserve, Inc.

June 15, 2007 Daily Journal of Commerce	Hardware chain opens 4th store in metro area Harborfreight Tools USA, a Camarilla, CA. based hardware store chain, has leased 15,000 sf in Cedar Hills Shopping Center in Beaverton.

June 8, 2007 Daily Journal of Commerce	Barbur office, warehouse sells for $1.58 million Local developer Heather Park sold an 8,000 sf office and 4,000 sf warehouse to general contractor Todd Hess for $1.58 million.

June 2007 Global Real Estate Monitor	Going coastal Portland enjoys growing interest from institutional investors...While international buyers have yet to make a significant entrée into the West Coast stronghold of Portland, Ore., out-of-state buyers have begun to recognize opportunities in the market.

May 30, 2007 The Columbian	Student loan firm to open office California-based ALL Student Loan, a nonprofit student lender, is opening a service center in Vancouver that is expected to eventually employ 100.

May 23, 2007 CoStar	Vanderhouwen purchases Portland office VanderHouwen Properties LLC purchased the Beall Macadam Building, at 6342 SW Macadam Ave. in Portland, OR, from Beall Macadam Building LLC for about $2 million, or $170 per square foot.

May 11, 2007 Portland Tribune	Land titan marks a milestone Much has changed in Portland since Norris, Beggs & Simpson – Portland’s largest commercial real estate firm – was founded in 1932.

May 8, 2007 GlobeStreet.com	Three Brewery Blocks for sale, if price is right Gerding Edlen Development is looking to sell three of five blocks here that it redeveloped on the northwest edge of the Downtown core, immediately north and west of Powell's Books at 10th Avenue and West Burnside Street.

April 25, 2007 The Columbian	A real estate market on the rise He attended a business luncheon in Vancouver in 1984, where the keynote speaker talked of the county's advantages for attracting companies as compared to the Puget Sound region, which was running out of big sites, and over Spokane, too distant from larger metropolitan areas.

April 20, 2007	NAI NBS lists downtown Vancouver's Columbian Building The Columbian Building at Sixth and Esther Street in downtown Vancouver will be offered for lease by NAI Norris, Beggs & Simpson, according to H. Roger Qualman, Executive Vice President.

April 17, 2007	Shorenstein signs NAI NBS to lease Lincoln Center Shorenstein Realty Services, L.P., has signed on NAI Norris, Beggs & Simpson as the leasing brokers for Lincoln Center, announced NAI NBS President J. Clayton Hering.

April 1, 2007	Norris, Beggs & Simpson celebrates 75th Anniversary This April 1, Norris, Beggs & Simpson, Portland’s oldest locally-owned commercial real estate firm, celebrates its 75th anniversary.

March 20, 2007	NAI NBS expands retail brokerage team NAI Norris, Beggs & Simpson added Debra L. Rosenbaum to the Retail brokerage team announced J. Clayton Hering, President of Norris, Beggs & Simpson Companies.

March 19, 2007	Nationwide Plaza adds new tenant Cascadia Behavioral Healthcare, Inc. leased 17,699 sf in Nationwide Plaza announced J. Clayton Hering, President of NAI Norris, Beggs & Simpson. Sean Turley, Associate Vice President of NAI NBS represented the tenant. The landlord is American Property Management Corporation.

March 9, 2007	Old Town attracts significant new tenant Northwest Health Foundation (NWHF) leased a significant amount of space in the Chamber of Commerce Building, announced J. Clayton Hering, President of NAI Norris, Beggs & Simpson. Doug Jones represented the landlord in this transaction.

March 3, 2007	NAI Norris, Beggs & Simpson brokers receive top real estate honors Chris Johnson, SIOR and Michael R. Merino, CCIM, SIOR, were awarded several real estate honors for their work in 2006, announced J. Clayton Hering, President of NAI Norris, Beggs & Simpson.

February 22, 2007	Smythe and Coulson added to industrial brokerage and property management teams NAI Norris, Beggs & Simpson added Thomas Smythe to the Industrial brokerage team and Denise Coulson to the property management division announced J. Clayton Hering, President of Norris, Beggs & Simpson Companies.

January 30, 2007	Sallay joins office brokerage team NAI Norris, Beggs & Simpson added Sallay to the Suburban Office brokerage team announced J. Clayton Hering, President of Norris, Beggs & Simpson Companies.

January 29, 2007	NAI Norris, Beggs & Simpson announces Top Producers J. Clayton Hering, President of Norris, Beggs & Simpson Companies, announced the organization’s top producers recently at the full-service commercial real estate firm’s annual awards banquet.

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