Features

Toll Brothers has started construction on its “Brownstones” collection of luxury townhomes at the property. Toll Brothers is planning to build as many as 306 units of housing, including 40 affordable senior units and 21 affordable workforce housing units.

The renovations are designed to attract and retain tenants and their employees.

The renovated iconic Art Deco-designed Breuner Building is attractive draw for tenants, such as WeWork, seeking space that combines architectural authenticity with modern design and technology.

The former Boyd Coffee is located in Northeast Columbia Corridor, Portland's premier distribution submarket, and new owner Dermody Properties intends to complete strategic upgrades to the building.

The site for Princeton Crossroads is on the county's largest undeveloped commercial tract, and will include a city hall and park, a retail center, a multifamily project, 333 single-family homes and 166 townhomes.

Yun blamed the low inventory of moderately-priced homes as a chief reason why home sales are not increasing and home sales prices are rising.

Blanda relates that the prospects of higher rates will prompt some senior property owners, particularly nursing homes, to lock in long-term rates before further rate hikes.

The new style is to make properties the center of community life.