SKB in the News

As a market maker in the commercial real estate investment arena, SKB activities are often highlighted in industry publications. Below you will find a sample of SKB activities recently sited in the news.

San Francisco's Giftcenter sold By Carolyn Said, Chronicle Staff Writer
San Francisco Chronicle, June, 30, 2007

Wholesale marketplace will get makeover including structural, cosmetic upgrades.

The San Francisco Giftcenter and Jewelrymart has been acquired for $94.75 million by a Portland, Ore., firm that plans to invest $8.65 million "to reposition and stabilize" the two-building South of Market complex.

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Opus Northwest, L.L.C. Welcomes Bob Scanlan to its Board of Directors By Opus Northwest, L.L.C; Media Contact: Eric Fenner
www.opuscorp.com, April, 16, 2007
PORTLAND, Ore. (April 16, 2007) - Opus Northwest, L.L.C announced today that Bob Scanlan, founder of SKB Securities, would join its board of directors. Download PDF to read entire article
SKB Acquires Portfolio for Nearly $30M By Bob Howard
GlobeSt.com, May, 22, 2006
Portland, OR — Scanlan Kemper Bard Cos. has acquired a 279,337-sf portfolio of five office and warehouse buildings in Oregon, Washington and Arizona from Qwest Corp. for $29.5 million. The buildings were constructed between 1985 and 1987 as build-to-suit facilities to house administrative and field support functions for US West, which was acquired by Qwest in 2000. Download PDF to read entire article
Sale of Hollywood Property Leads to $18 Million Profit By Andy Fixmer
Los Angeles Business Journal, April, 17, 2006
ScanlanKemperBard Companies is humming “Hooray for Hollywood” all the way to the bank. After owning the CNN tower on Sunset Boulevard for less than two years, the Portland, Oregon based firm is pocketing $18 million in profit on the building. Download PDF to read entire article
Excavation Begins for $438M Bellevue Towers
Eastside Business, April, 01, 2006
Site work is under way for Bellevue Towers, a landmark urban luxury high-rise residential development in Downtown Bellevue. The $438-million project’s 42-and 43-story towers will be among the tallest and most recognizable in the city and the 542 condominiums within will be some of the most well-appointed in the region. Download PDF to read entire article
Angels Find Heavenly Returns
San Francisco Business Times, August, 05, 2004
The Northern California chapter of Keiretsu Forum helped finance the purchase of Sunset Tower/CNN Building in Hollywood as its wealthy investors sought to expand their real estate holdings. Keiretsu members from Northern and Southern California and Hawaii backed the purchase through ScanlanKemperBard Cos., a real estate merchant bank. Download PDF to read entire article
SKB Scoops Up SoCal Assets By Erin Cassin
Globe St.com, October, 31, 2003
San Diego, CA — In a move to increase its holdings in Southern California, the Portland, OR-based real estate merchant banking and development advisory firm ScanlanKemperBard Companies has picked up two Southland assets in separate deals valued at $28.8 million combined. Download PDF to read entire article
Worrisome Conditions Give Investors Pause
The Business Journal, October, 23, 2003
Commercial real estate values reflect employment trends, and Portland in 2003 is no exception to this. West-side office vacancy rates on June 30 were still a daunting 44-percent, reflecting the high-tech sector’s woes-it has been the hardest hit by job losses. Download PDF to read entire article
Real Estate Investor Makes Aggressive Strategy Payoff By Heidi J. Stout
The Business Journal, January, 10, 2003
ScanlanKemperBard Cos. Recently secured the $41 million acquisition of the American Bank Building, Jackson Tower and Mohawk Building by making a fast, aggressive offer for the historic buildings. Download PDF to read entire article
SKB Closing on Major Deals By Brian J. Back
The Busines Journal, December, 08, 2000
ScanlanKemperBard Cos.’ Flurry of recent property acquisitions could snowball this month with two signature West Coast deals totaling roughly $183 million. Download PDF to read entire article
No Good Deed Goes Unpunished
Oregon Business, March, 01, 2000
In 1931, Portland architect John Yeon borrowed $4,500 against his life insurance to buy 26 acres surrounding Chapman Point; a coastal outcropping north of Cannon Beach, so a planned dance hall could not be built there. Over the next 63 years, as Yeon’s architectural reputation and fortune grew, he left Chapman Point untouched. He paid the property taxes and allowed public access, creating a de facto park. But in the early 1990s, dying and aware his heirs would owe millions in estate taxes, Yeon reluctantly agreed to let Chapman Point be developed. And he asked Robert Scanlan to do it. Download PDF to read entire article