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1SolarWorld Announces 40% Expansion Plan 1 Citation SolarWorld continues to invest in Oregon with the very recent announcement of expansion plans. The manufacturer will add another 210,000 square foot facility to it?s 100 acre campus in Hillsboro. This brings the total square feet under the SolarWorld umbrella in Hillsboro to 690,000. This is great news for Oregon as manufacturing in other sectors, particularly steel and timber industries, has taken a big hit from the slowing economy. The new building is slated to be completed by November of, technorati.com
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Ziba Design Headquarters Taking Shape 1 Citation Ziba HQ view from NW Ninth It?s been a year since Ziba Design broke ground on their new headquarters building in the Pearl District. On the corner of NW Ninth and NW Marshall, the building has a new ?skin? on it and glass walls are in place. This building will not be ignored as Holst Architecture has done an outstanding job of designing something unique among highrise condos. With a building total of 76,000 square feet, upon completion there will be 8,000 square feet of office spa, technorati.com
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What is a Triple Net lease Property or Net Lease Property? 1 Citation A Net-Lease (NNN) transactions is typically described as a free-standing facility occupied by a single-tenant on a long-term triple-net lease. A NNN can be described as a bond-like investment encompassed by real estate.A Triple Net lease Property or Net Lease Property (?NNN?) can be described in three ways: 1. Sale-leaseback financing is structured through the sale of a property owned by a tenant who sells it to an investment group and leases it back on a long-term lease. The corporate tenant, technorati.com
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Norfolk FBI Field Office Build to Suit 1 Citation Just wanted to give everyone an update on a great kickoff meeting Art and I just came from with Hill International/Berger and GSA Region 3. We are excited to be strategic partners with Hill/Berger to represent GSA Region 3 and FBI on the new FBI Field Office Build to Suit in the Norfolk, Virginia area.This state of the art building will consist of approximately 131,000 SF of secured office space. We have been asked to assist GSA with: OMB ScoringProspectus ComplianceIGE Quality ControlLeasing C, technorati.com
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Triple Net Lease or Net Lease Properties 1 Citation A Safe Opportunity for a Significant Return from a Passive Real Estate Investment A Triple Net Lease is a free-standing facility occupied by a single-tenant on a long-term triple-net lease which is designed to provide predictable bond-like returns in the form of rent streams. A Triple Net Lease offers both the benefits of a corporate bond-type investment and traditional real estate ownership without the hassles of management and leasing. As a result, investors are not bound to their geograp, technorati.com
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GSA, FBI, PDC - Easy As One, Two, Three 1 Citation With all of the development that has occurred in the Airport area, it?s no surprise that the General Services Administration (GSA) has expressed interest in moving some operations out that way as well. Currently, the Portland Development Commission (PDC) is in a leaseholder sales agreement with Trammel Crow for five acres at Cascade Station. Trammell Crow plans to build a 37,000 SF office building for the GSA to house administrative offices. If this deal goes through it will be the second go, technorati.com
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1 Citation CargoBee A Heerenberg Holland company is making a nifty little bakbrommer (?box moped?) called the CargoBee. The CargoBee is a 49 cc three-wheeled cargo carrier and the semi-automatic transmission as well as the engine seem to be taken right out of a Honda Super Cub. The trike offers quite a few options depending on your need and use. Their website even has a clever ?build to suit? feature where you can add or take away the options you need. Three-wheeled cargo scooters such as this seem to, technorati.com
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What are the primary benefits of a Triple Net Lease investment? 1 Citation Triple Net Lease investments benefit investors and tenants alike. Tenants with a Triple Net lease enjoy the security of a long term lease at favorable pricing, and control over the property in which their business is housed, as well as control of subsequent maintenance and renovation costs. Investors similarly enjoy the security of the long term Triple Net lease, and the annual high interest cash return on their passive investment, as they own the property yet have zero on-site management resp, technorati.com
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Does the tenant ever have a renewal option in a Triple Net Lease agreement? 1 Citation Initially, most leases do include a renewal option beyond the original 10, 15 or 25 year term. Options in a triple net lease are typically negotiated at the time of the lease signing or there is a fair market rent option. Sometimes, if a tenant does not have a renewal option and when that tenant extensively remodels and improves the property during the term of the original lease, the investor/landlord might agree to a 5 or 10 year extension at a negotiated rate., technorati.com
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New Library For Downtown Vancouver 1 Citation source: DJC A new library in downtown Vancouver is set to begin construction in August with an opening in 2011. The existing buildings being cleared are part of a Subaru dealership no longer operating out of the C Street location. Directly across the road from the Bank of America Financial Center and adjacent to the cinemas, the new building will be visible from I-5. The current library takes up two buildings leased from the City of Vancouver and occupies a total of 36,000 square feet. The, technorati.com
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