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Company, Retail

Capacity Commercial Group are pleased to announce the closing of 101 & 111 SE Columbia Way in Vancouver, Washington – a 2+ acre waterfront site for a proposed mixed-use development, Renaissance Boardwalk by Kirkland Development, a local Vancouver-based development firm also responsible for the brand-new Hotel Indigo & Kirkland Tower at the Waterfront and multiple other Portland and Vancouver-area projects. 

  

Kirkland plans to build approximately 310,000 total sq. ft. of buildings, including 221 multifamily units and 110,000 sq. ft. of three-story mixed-use buildings that will include office space, retail and restaurant space. Additionally, an underground parking garage with 309 spaces and a heavy investment in EV charging amenities is proposed.

  
  The buildings will meet the LEED Gold certification standard - the second-highest level possible.
 

A 15-foot-wide public walkway – called the “Renaissance Boardwalk” –  is proposed along the river’s edge as part of the development, and would connect the existing waterfront trails to the east and west.

  

This 2.03 acre plot is well-situated directly east of the I-5 bridge just steps away from Vancouver’s new Waterfront development on the other side of the bridge which George Diamond and Nicholas Diamond sold multiple blocks in.  Capacity Commercial will continue to work with Kirkland Development on the leasing of The Renaissance Boardwalk.

  

Renaissance Boardwalk project, which will add 230 apartments to the waterfront, plus restaurants, retail space and public access along the river.

  

Longtime local fixture Who-Song & Larry’s restaurant is part of the plan, both now and in the future, according to Kirkland.

  

“We look forward to being a part of this exceptional new development,” said Randy Sharpe, CEO of Xperience Restaurant Group, which owns the Mexican-style eatery. Who-Song & Larry’s plans to remain open during the construction project.

  

As envisioned, the project will include two main buildings totaling about 400,000 square feet. An underground parking structure will include up to 100 charging stations for electric vehicles. As part of its development agreement with the city of Vancouver, the project will be built to a LEED Gold level of energy efficiency and sustainability standards.

  

Public amenities will include a new boardwalk section of the Waterfront Renaissance Trail that will connect to the proposed Lewis and Clark Regional Trail. The building’s public lobby will display the first land survey marker in the state of Washington, which is currently on the site and will be saved.

  

“This site has importance historically and is a place of significance on our waterfront. The Renaissance Boardwalk will be a gathering site for visitors and residents alike,” said Dana Gardner, director of project development for Kirkland Development.

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Company, Industrial, Investments, Sale
George Diamond, Nicholas Diamond, Allen Patterson, SIOR, and Scott Miller at Capacity Commercial Group are pleased to announce the closing of 7000 S. 10th Street in Ridgefield, WA. George and Nick represented the buyer while Allen and Scott represented the Seller. 

This 112,256 SF recent-construction warehouse property sits on 6.4 acres in the area's fastest-growing industrial park. The three occupants (national and regional operators) all have long-term leases.

Completed in 2019, the asset has 9 dock doors, 3 grade doors, 3-phase 2,500 amp power, and 30' clear height. Located in a growing industrial park in the up-and-coming city of Ridgefield, the property also has ample parking in relation to its area.

Truly a standout amongst new-construction industrial offerings, the property sets a strong benchmark for sales performance of industrial investments in the area.

As part of the sale, The Diamond Team spearheaded an investment group to purchase the property for a strategic long-term hold.

For more information, please contact: 

George Diamond
503.222.2178
gdiamond@capacitycommercial.com

Nicholas Diamond
503.222.2655
ndiamond@capacitycommercial.com

Allen Patterson, SIOR
503.542.4347
allen@capacitycommercial.com

Scott Miller
503.517.9872
scottm@capacitycommercial.com
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Company, Office, Sale, Tenant Represenation

Elliot Rask and McCoy Doerrie facilitated an exciting off-market acquisition for an 11,490 SF office and medical building in the heart of Tigard. North Point Wealth Management bought the property during a period of extremely limited supply. Thanks to the leveraged knowledge and expertise of Elliot and McCoy, North Point was able to secure a well-located facility under an SBA loan with low interest rates.

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Company, Investments, Office, Retail

1915 NW 26th Avenue is a divisible 1,390 SF space spanning two storefronts with the possibility to be converted into a live / work space. With high ceilings, there is also the possibility of adding a mezzanine. Retail signage opportunities, a secured and covered off-street parking space, large front windows, abundant natural light, and access to amenities along NW 23rd Avenue make this property a rare gem. It’s only a block away from a bus line and has immediate access to Hwy 30 and NW Vaughn Street.

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Portland, OR and Vancouver, WA (October 6, 2020) – Privately owned and locally based commercial real estate firm, Capacity Commercial Group, continues to expand its operations, announcing the newest office located in the heart of downtown Vancouver, Washington. This comes during a year when the company has already joined forces with another brokerage firm and added a new Property Management division.

 

At the core of the new Vancouver office will be seasoned brokers Senior Vice Presidents, Charlie Kleier, Tamara J. Fuller, and Vice President, Eric Anderson. They will continue serving existing local and national accounts while expanding the company’s client base throughout the Region. After being with Colliers several years and establishing themselves as trusted advisors to their clients, their leadership at Capacity is an exciting addition to the company.

 

“We’ve experienced steady and continuous growth over the past year, enhancing our efforts to fulfill the needs of our business,” said Don Ossey, SIOR, Principal. “We appreciate the track record of the new team and are excited to have them join us;” said Nicholas Diamond, Principal, “by further establishing our footprint in Washington, the team will expand service to new and existing clients in the Pacific Northwest.”

 

Charlie Kleier has more than 30 years of experience in investment and commercial real estate. Before joining Capacity, Charlie was a partner in NAI Norris Beggs & Simpson prior to the subsequent sale to Colliers International. He has worked out of the Vancouver/SW Washington office since 1989, after starting his career as a commercial real estate appraiser. Charlie received the CCIM designation in 1992 and is recognized as selling more real estate in this market than any other broker to date. A strong community leader and advocate for youth development in SW Washington, Charlie has served on the Board of Directors for the Boys & Girls Club of SW Washington for 10 years.

 

With her over 20 years’ experience specializing in office sales and leasing, Tamara J. Fuller will continue to serve the Portland Metro and SW Washington region, having focused on Vancouver since 2001. Tamara attained the Certified Commercial Investment Member (CCIM) designation and was recently installed as the 2020-2021 Chair of the Board of Directors for the Greater Vancouver Chamber of Commerce. A few of her clients include: Vancouvercenter Development, LLC, WPC Broadway, LLC, Gramor Development, Holland Partner’s Group, Vesta Hospitality and United Grain. Tamara continues to be one of the top 5 office brokers in the Vancouver, Washington market tracked by CoStar.

 

Eric Anderson brings over 10 years of experience and will continue to represent Landlords and Tenants in the Vancouver and Portland markets as well as investment properties in the Pacific Northwest. Prior to joining Capacity Commercial Group, Eric worked as a Landlord and Tenant office broker, primarily focused on downtown Vancouver with focus on the new developments in the Waterfront area. Before returning to his hometown of Vancouver, WA, Eric lived in Kyrgyzstan with his wife Taylor for 2 years as a volunteer in the Peace Corps where he was an advisor to two NGOs when not exploring the beautiful mountains of Central Asia.

 

About Capacity Commercial Group: Local to Portland, Capacity Commercial Group has extensive experience in the market with a team of over 40 brokers licensed in Oregon and Washington. The individuals who comprise the Capacity team have a proven track record in the local market, with most having over twenty years of experience, more than 5,000 completed deals and over $3B total aggregate transactions. Information about Capacity Commercial Group is available at www.capacitycommercial.com

 

Media inquiries:

 

Charlie Kleier, CCIM – Senior Vice President, Capacity Commercial Group

503-326-900

Charlie.Kleier@capacitycommercial.com

 

Tamara J. Fuller, CCIM – Senior Vice President, Capacity Commercial Group

503-326-9000

Tamara.Fuller@capacitycommercial.com

 

Eric Anderson – Vice President, Capacity Commercial Group

503-326-9000

Eric@capacitycommercial.com

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