Oct 10, 2024

Markets! Markets! Markets!

Ziemba

Let's talk capital markets! That's the subject of the coming Oct. 16 NAIOP breakfast gathering at the Hyatt at Olive 8. With interest rates falling, and new developments few, will the borrowing climate improve in the coming months and new year? That's the question to be addressed by industry experts attempting to forecast the near future of capital markets. The panel will feature moderator Sam Ziemba from JLL (pictured), Jordan Lott of Lake Washington Partners, Bill Pollard of Talon Private Capital and Paul Roeter from Cushman & Wakefield. The event begins at 8 a.m. Details and registration: naiopwa.org

Perkins Coie reduces footprint again ... in Portland

[enlarge]

Law firm Perkins Coie made news last fall by announcing a downtown Seattle move from its longtime home at 1201 Third Ave. to the nearby Russell Investments Center. With some 800 attorneys and staff, Perkins then said it would take about half the space, dropping from about 297,000 to 150,000 square feet. Now there's a sequel of sorts to that movie. Perkins said last week that it would keep its Portland home at Brewery Block 2 (pictured), but will reduce its office footprint to 29,239 square feet. That's about half its old total, on three full floors. The firm has about 115 lawyers and staff in Portland. Its Chris Rich said in a statement, “We're thrilled to reaffirm our deep commitment to Portland's business community, and to our many clients in the city and across the greater region.” In the Pearl District, Gerding Edlen began developing the mixed-use Brewery Blocks project circa 2007. It has seven buildings on five contiguous city blocks, and encompasses the historic old armory and Blitz-Weinhard Brewery. Various portions have since been sold to several parties.

Emerging Trends is back, baby!

[enlarge]

It's not too late to register for the annual Emerging Trends gathering from the Urban Land Institute. This year's confab will be held on Nov. 20 at the Bell Harbor International Conference Center (pictured). An elect panel of locals will discuss the concurrently published ULI Emerging Trends report, always a must-read. Panelists have yet to be announced. Quoth the ULI, “During this event, you will gain valuable insights from industry experts who have successfully weathered the storms of economic cycles.” The event begins at 2:30 p.m. Details and registration: northwest.uli.org