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J.T. Sand | Colliers | Portland

J.T. Sand

Associate Vice President

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About

Professional Summary

J.T. Sand specializes in the leasing, acquisition, and disposition of office properties throughout the greater Portland Metropolitan area.

He focuses on the Central City market where he has been active in the development and implementation of real estate strategies for landlords and tenants of all sizes.  His expertise includes market analysis, lease negotiations, financial modeling,  consulting, and site selection.

His diversified real estate practice includes the representation of a variety of companies including institutions, Fortune 500 companies, and local startups.  He has a proven track record of successfully implementing real estate solutions for his clients by providing detailed market insight and specifically tailored results.

Education

University of Arizona,
Bachelor’s degree,
Urban and Regional Development

Memberships & Involvements

CASA for Children Ambassador Board Member

Commercial Association of Brokers of Oregon and SW Washington (CAB) Board Member

Testimonials

“I was most impressed by how naturally and quickly J.T. could help me identify top priorities and introduce me to options that I could present to my leadership team with detailed background. J.T. gave me a very quick and thorough education through every step of the process, and made me feel confident in the steps I made… J.T. will be my first call for future commercial real estate needs, and I know with confidence that when I refer friends and business contacts his way they will receive the same trustworthy and professional guidance I have benefited from.” - Andrea Tyler - Operations, inDinero Inc.

Services

Service Lines

Tenant Representation, Landlord Representation

Property Type

Office

My Team

Featured Research

Apr 11, 2022

2022 Q1 Portland Metro Office Market Report

The start of the new year brought minor change to Portland office market fundamentals. Most notable is the confluence of rents in the CBD and Portland’s suburbs with the delta between asking rents in the two market sectors being $0.66 for Class A product and only $0.22 across all building classes. Market-wide vacancy saw a 2.3% uptick year-over-year, from 14.6% in Q1 2021 to 16.9% this quarter.
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Jul 9, 2021

Q2 2021 Portland Metro Office Report

Portland’s office market was buoyed by positive leasing activity news this quarter: nine leases over 25,000 sq. ft. were signed, including several renewals of major tenants in Class A towers downtown. Tenants new to Portland include Apple and Lululemon, locating in Sunset Corridor/Hillsboro and NW Close-in, respectively. With Oregon schools opening for in-person instruction this fall, there will be more reasons for people to return to working from their physical offices, spurring economic activity downtown. Overall vacancy in the CBD has surpassed 20.0% this quarter after increasing 5.6% in 4 quarters, increasing from 15.4% one year ago to 21.0% now. Rents on new construction will remain firm but concessions will continue to chip away at net effective rents until there is more demand than supply.
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Jul 9, 2021

Q2 2021 Portland Skyline Review

This review takes a look at Portland’s most iconic towers. Premier criteria are as follows: 1) greater than 20 floors; 2) average annual asking rents above $40 PSF FSG; 3) RBA greater than 300,000 SF; 4) majority of RBA is office; 5) major renovation in the last 10 years; and 6) iconic to skyline. Each property must meet four of the six criteria.
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