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BGC Partners to acquire Grubb & Ellis
On Monday, commercial real estate firm Grubb & Ellis filed for Chapter 11 bankruptcy and announced that it had signed an agreement to substantially sell its assets to BGC Partners. The global brokerage company is hoping to acquire Grubb & Ellis as an asset sale under Section 363 of the U.S. Bankruptcy Code, according to the U.S. Securities and Exchange Commission.
Investors place hopes and money in multifamily housing
While much of the housing market continued to depreciate in 2011 鈥� Freddie Mac reported that American households lost nearly $400 billion in property value during the first nine months of the year 鈥� apartment buildings emerged as a strong arena for investment dollars.
Commerce Building in downtown Portland sold, to change name
A team including Steve Rosenbaum, CEO of the ad agency Pop Art, as well as brothers and property managers Brian and Brandon Anderson, purchased the Commerce Building from the Chiu 1981 Revocable Trust for $4 million. Both Rosenbaum鈥檚 firm, and the company that the Andersons work for, Pivot Property Management, will both occupy spaces in the building
Subaru signs huge build-to-suit Portland lease
The Portland office of Grubb & Ellis announced Thursday that Subaru signed a 10-year lease for a build-to-suit distribution center, training and office space at the Rivergate Corporate Center III, located on a 19.3-acre parcel at 14510 N. Lombard St.
Portland ranked top 10 for real estate investment
In its annual forecast, the national commercial real estate firm Grubb & Ellis has ranked Portland in the top ten cities in the U.S. for investment opportunities over the next five years in the office, retail and industrial real estate markets.
Brokers gain edge with green certification
“This whole sustainability movement isn’t just a trend; it’s here to stay,” said Patricia Raicht, vice president of Grubb & Ellis in Portland. And for brokers to get the limited […]
Chicago company leases large Portland space
United Stationers Supply Co., a subsidiary of United Stationers Inc., has leased 195,510 square feet at Building A of the Rivergate Corporate Center III, located in the Rivergate Industrial Park near the Port of Portland's T-6 terminal.
Kruse Way no longer belle of the ball
The Kruse Way submarket, once one of the most attractive pieces of Portland-area real estate, now has one of the highest vacancy rates in the metro area. Analysts say tenants are moving downtown, where prices are cheaper.
One Main Place tower is for sale
As 2009 drags on for investment real estate professionals, they finally have a reason to believe activity will increase. One Main Place, a 20-story office tower at 101 S.W. Main St. in downtown Portland, is on the market. Russ Cooper, the building鈥檚 broker through Eastdil Realty Co., confirmed One Main Place was for sale, but could not comment further on the listing.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
- Beware of when the debt collector comes calling | Opinion
- Assembly of a future workforce begins with an invitation | Opinion
- Beware of overlooking legal requirements for remote workers | Opinion
- Become a critical thinker and transform a workplace | Opinion
- Managing construction risks with international suppliers | Opinion
- A rally with many engines: the lesson of 2026’s first half | Opinion
- Oregon housing challenges persist despite sound and fury | Opinion
- When does an employee’s bullying become harassment? | Opinion
- Ditch disorganization 鈥� the cost of deferred decisions | Opinion
- Consider 10 common risks for healthcare construction projects | Opinion
- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion
