Posted May 20, 2015, 7:08 PM
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Join Date: May 2005
Location: Portland
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One-of-a-kind office building on its way up in the Central Eastside (Photos)
May 20, 2015, 5:44am PDT
Jon Bell
Portland Business Journal
http://www.bizjournals.com/portland/blog...aEqOvgXoyG8%2FwIKsmMtmSIXCT&t=1432148093
Quote:
Nine years after a massive fire destroyed the old Taylor Electrical Supply Company warehouse in the Central Eastside Industrial District, a 72,000-square-foot office building is rising in its place, continuing the unique district's ongoing evolution.
Killian Pacific, the Vancouver, Wash., development company behind the nearby Viewpoint Construction headquarters and Goat Blocks projects, began demolition of the burned-out warehouse building at 240 S.E. Clay St. last week. Over the next 11 months, the company will build a six-story, wood-framed office building aimed largely at meeting the needs of expanding creative firms in search of space.
"This building is trying to provide new office space for the firms that are growing," said Noel Johnson, managing director and vice president for Killian Pacific. "A lot of the old buildings down there don't have the kind of space for tenants who want to move into a 25,000-square-foot space."
Apex Real Estate Partners Mark Friel and Rennie Dunn are the exclusive primary leasing advisors for the building, which is currently being called Clay Creative. The name will change, as naming rights to the building will eventually go to the anchor tenant.
Friel said interest has already been strong, with several prospects eyeballing spaces of 4,000 and 6,000 square feet and another considering a much bigger footprint.
"Portland is typically not a pre-leasing town," he said. "People want to see it and touch it first, so considering that work just started 10 days ago and there's already this much interest is pretty unique."
The building will consist of heavy timber, built with a mix of large timber beams, glulams — wood laminates that have been glued together — and flooring assemblies comprised of hammered-together 2 by 12s, 2 by 10s and 2 by 8s. That stouter, taller construction, along with different occupancy and weight specifications, differentiates the building from other timber-framed buildings that have gone up recently in town, Johnson said.
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