Oregon, the nation’s 27th-largest state, had the best performing economy in the nation based on employment, home prices, personal income, tax revenue, mortgage delinquency and publicly traded equity of its companies during the first three quarters of 2015, according to Bloomberg. CNNMoney named the state’s largest city, Portland, one of the most innovative cities in the U.S. for being ahead of the curve in terms of urban planning. It was one of the first to build a light rail, instead of a highway, in 1986, and continues to invest in expansion of the light rail network. The pace of improvement in Portland’s labor market continues to be full throttle. In fact, the gains in 2015 were the best in the past two decades. This growth largely comes from the area’s underlying fundamentals like its industrial structure and strong in-migration flows. The Greater Portland region serves as a launching pad for some of the country’s most innovative and forward-thinking brands in the U.S. From athletic and outdoor apparel giants Nike, Columbia Sportswear, Adidas and Under Armour to technology pioneers like Intel to clean tech companies like Vestas, Lucid Energy and SolarWorld USA. These companies are attracted to the region’s educated, talented and innovative workforce, as well as to the low cost of business and quality of life, which is like no other region in the U.S. The KG Portland team has a proven track record of success in Property Management, Development and Investment Services.
KG currently manages over 5 million square feet of office, industrial and retail properties in the Portland market. Below is a representative example of our managed portfolio.
KG Investment Properties is currently developing Clackamas 4, a 190,600 square foot industrial distribution facility. The project will be completed in March, 2016.
One of KG’s true success stories was the repositioning and disposition of the Holman Portfolio.
Steve Penn at email@example.com.