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 firstname.lastname@example.org Nicholas Diamond 503.222.2655 email@example.com Allen Patterson, SIOR 503.542.4347 firstname.lastname@example.org Scott Miller 503.517.9872 email@example.com
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.
Crystal Finch Logistics, located at 7220 NE 47th Avenue in Vancouver, WA, has just hit the market. The project is expected to deliver in Q2 2023. This prime +/- 78,000 SF building with build-to-suit office.
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
Charlie Kleier, CCIM – Senior Vice President, Capacity Commercial Group
Tamara J. Fuller, CCIM – Senior Vice President, Capacity Commercial Group
Eric Anderson – Vice President, Capacity Commercial Group
Congratulations to Mike Hale and Scott Kappes for their recent sale of 2200 NE Andresen Road in Vancouver!
This 43,808 SF building fell out of contract at the heart of the pandemic but the team managed to find a strong buyer who orchestrated a seamless transaction.
Industrial and flex properties continue to be popular assets to invest in.
For more information, contact:
Mike Hale, Vice President – 503.517.7129 | firstname.lastname@example.org
Scott Kappes, Principal – 503.517.9877 | email@example.com
Earlier this week, CREXi’s webinar on the Portland CRE Market featured our very own Nicholas Diamond. Together with John Olivier, Senior Vice President at Scanlon Kemper Bard, Nicholas discussed the state of the market in Portland and how brokerage is changing. You can watch the full episode with the link below:
Access Code: $2w!s6gz
On Feb. 24, Don Ossey was at Portland’s upscale Arlington Club putting ink to a merger between Capacity Commercial Group, where’s he’s a founding principal, and Real Estate Investment Group, another Portland real estate firm.
The next several weeks unwound the state economy as the new coronavirus worsened in Oregon. Portions of the commercial real estate industry took a beating.
The Business Journal recently spoke to Ossey about the merger, the state of commercial real estate and how the virus could reshape the office of the future. The interview has been edited for brevity and clarity.
To read the interview and see Don Ossey’s perspective on how COVID-19 is impacting the commercial real estate industry, click here: https://bizj.us/1q3rn6