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Pacific Crest Technology After ten years in the same space, Pacific Crest Technology (PCT) a Tualatin, Oregon USA-based manager of application maintenance, software development, system conversions, QA, and product engineering, was not satisfied with their Class A headquarters near Portland. Something was missing. PCT wanted a better location, more convenient for their employees, who had made their needs known. The IT firm also wanted an office close to restaurants, and a building that would allow them to raise their visibility. Counterintuitive to many recent tenant space searches, price was not the only driver--employee productivity was also of key importance. Enter Greg Hume, President, and Brian Wise, Senior Broker of ITRA / Hume Myers Tenant Counsel, which represented PCT. Mr. Hume leveraged PCT's stable corporate profile, noting that it "strengthened our negotiating position as Class A vacancies rose above 15 percent at competing properties during the search." "Greg Hume and Brian Wise helped us realize that we could reduce our occupancy costs by relocating and also create a new and more productive workplace. Our employees are benefiting from the efficiency of the new space and enjoying the location and area amenities," said PCT President Brad Greer. ITRA's Hume and Wise negotiated a lease of 15,422 square feet in Lakeside Commons, Tualatin. The building is adjacent to the town's CBD, with signage viewable from the main road. "We like the improved access, lake views, nearby shopping and dining," said PCT's Mr. Greer. "Taking advantage of current market conditions, we negotiated an economical rate with concessions that more than offset the cost of relocation for PCT," said Mr. Hume. |
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