Medical/office condo building 70 percent pre-sold
East Vancouver’s Pacific Crest Plaza Office Condominiums are filling up, with eight of the tenants now under contract. The Class A building has space for 12.
Pacific Crest Plaza, valued at $8 million, is still under construction next to Cinetopia at 601 S.E. 117th St. The two-story, 40,000-square-foot building will offer spaces between 1,300 square feet and 4,200 square feet, with options to lease, buy or lease with the option to buy.
Four of the recent buyers will take advantage of the building’s medical and dental capabilities, including Vancouver Endodontic Specialists, Mark A. Johnson Orthodontics, dentists Mike Warner and Dan Warner and allergist Joseph M. Hassett.
The Office of Architecture, a private architecture firm, will occupy a second-floor suite, two units were bought by private investors and will be available for lease, and another space was bought by an undisclosed buyer.
The building is being developed by a group of local investors, including Mark Fleischauer, vice president of the Vancouver-based commercial construction firm JH Kelly, and Longview-based JH Kelly is the contractor.
Doug Bartocci and Tamara Fuller of NAI Norris, Beggs and Simpson are marketing the space.
Work begins on Kelso office building
Concrete work is finished and framing is underway at the site of Catlin Commons, a two-story, 16,000-square-foot office complex in West Kelso. The building is set to be completed by May and ready for tenants in July.
The project is owned by Catlin Investment Group, a corporation formed by Optometrist Ed Laulainen of Kelso-based Three Rivers Eye Care and Windermere Realtors Jo Ann Crayne and Sue Lantz.
Kelso-based Schlecht
Construction is the general contractor.
Three Rivers Eye Care and Windermere will occupy the second floor, and Forza Coffee Co. has signed on for part of the ground floor. An additional 1,800 square feet is available for lease.
Located at the corner of Second Avenue and West Main, the building will have a brick veneer, energy efficient windows and reflective glass.