In an ongoing effort to keep you apprised of recent and significant sale activity, we wanted to make you aware of an industrial park in the Clackamas area that sold for an all-time new high!
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.
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.
July 1, 2021
Commercial real estate brokerage firm, Capacity Commercial Group LLC, has facilitated a new lease with WPC Broadway and Allen Gabriel, MD. Relocating his practice from the PeaceHealth Campus on Mill Plain, Dr. Gabriel will occupy an office at 703 Broadway, a premier 7-story, Class A office building in downtown Vancouver, Washington. Watch for coming announcements about the grand opening this Fall. "We are so excited to welcome Dr. Gabriel and his team to downtown Vancouver. They will be an influential addition to our growing and robust downtown professional and business community," said Tamara J. Fuller, CCIM, Senior Vice President at Capacity Commercial Group LLC. "We're very happy to have Dr. Gabriel join Vancouver's thriving downtown area and we know he, his team, and his clients are going to love their new space," said Eric Anderson, Vice President at Capacity Commercial Group LLC. Dr. Allen Gabriel said, "We are excited to be relocating to the Downtown Vancouver area and we are looking forward to adding our expansive services in plastic surgery and med spa. It has been an honor to serve the Vancouver / Greater Portland area for the last 13 years and we look forward to continuing these efforts in the new location." "We are happy to welcome Dr. Gabriel and his team to 703 Broadway. As one of the area's top surgeons, we are ecstatic that he chose our building to expand his practice," said Jared Watumull, Vice President of Watumull Properties. About Allen Gabriel, MD: As a board-certified plastic surgeon serving Vancouver, WA, Portland, OR, and beyond, Dr. Gabriel is adept at addressing a wide range of procedures, from cosmetic surgery to reconstruction. Dr. Gabriel is a member of the American Society of Plastic Surgeons and has honed his approach over the years to an internationally recognized level of artistry and passion for education. For more information about Allen Gabriel, MD, visit www.allengabrielmd.com. About Watumull Properties Corp.: Watumull Properties Corp. is a real estate company based in Hawaii. For more than 20 years, the company has been developing an expansive portfolio of commercial buildings strategically located throughout the Portland and Vancouver markets. For additional information, please contact J.D. Watumull at 808.971.8800. About Capacity Commercial Group LLC: Capacity Commercial Group is an owner operated private company founded in 2004 with its corporate office located in Portland, OR and a branch office in Vancouver, WA. Over the last decade, the company has been named one of the Fastest Growing Private 100 Companies by the Portland Business Journal multiple times. Information about Capacity Commercial Group is available at www.capacitycommercial.com. Media Inquiries: Tamara J. Fuller, CCIM Senior Vice President Capacity Commercial Group 360.946.4832 email@example.com Eric Anderson Vice President Capacity Commercial Group 360.946.4831 firstname.lastname@example.org
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
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
Every quarter, Capacity Commercial Group conducts an in-depth analysis of recent market data for the Portland area, and provides a summary report to clients via newsletter.
Continue reading this blog post for an overview of the report including Portland Industrial Market: 2018 Third Quarter Key Statistics; Average Asking Lease Rates In Portland Area Market; Average Asking Sale Rates In Portland Area Market; and Capacity Commercial Group Overview.