DEVELOPMENT /
PROJECT MANAGEMENT

NBS Real Estate Consulting provides counsel to clients interested in real estate development and/or construction to improve an existing asset. We remain objective as we do not have financial incentivized affiliations with design, development, construction, or transaction companies. We can manage all phases of the development and construction process from site selection through development and construction management.
This work may include:
  • Land Entitlement
  • New Development
  • Redevelopment
  • Planning & Design
  • Due Diligence
  • Proforma Analysis
  • Financing
  • Project Implementation

PROJECT SUMMARIES

PROJECT SUMMARY

PS Business Parks

Interim/Supplemental Resource | Development/Project Management
DATE OF WORK:
2010 - 2011
PRODUCT TYPE:
Office, Flex, and Industrial
CLIENT TYPE:
Real Estate Investment Trust
LOCATION:
Beaverton, OR
Santa Clara, CA

The initial assignment was an interim General Manager for the Beaverton, OR office due to a sudden employment change. This role lasted approximately 8 weeks while a permanent employee was found and included participation on the interview panel and overlap with the selected individual. The role then changed to a Project Management resource to execute required tenant improvements due to a strong leasing campaign. The assignment included overseeing 20+ capital and tenant improvement projects totaling approximately $7M in Beaverton, OR and Santa Clara, CA. Individual projects ranged in size from $50k to $2M. These projects were completed on-time over an 18-month timeframe. The scope of work included scope development, coordination with architects, general contractor bidding and selection, contract negotiation, payment approvals and project close-out.

Properties:

  • Cornell Oaks Corporate Park | Beaverton, OR
  • Nimbus Business Center | Beaverton, OR
  • Santa Clara Commerce Park | Santa Clara, CA
  • Santa Clara Technology Center | Santa Clara, CA
PROJECT SUMMARY

Clarion Partners

Expert Testimony | Development/Project Management
DATE OF WORK:
2018 - 2019
PRODUCT TYPE:
Industrial Manufacturing
CLIENT TYPE:
Global Real Estate Firm
LOCATION:
Portland, OR

The initial assignment was for expert testimony related to a complicated lease default that included a dissolved tenant, Solopower Systems, the landlord and the local county taxing authority (re: personal property liens). The 225,000sf leased premises was full of elaborate and expensive solar panel manufacturing equipment and significant amounts of hazardous materials, both stored onsite and remaining in machinery. The initial dispute of personal vs. real property and taxable/seized vs. abandoned/auction property was defined within ~90 days. All of the MEP improvements and equipment at the warehouse turned manufacturing plant had to be inventoried and appraised within ~45 days. These items were then auctioned and sold immediately thereafter. The most difficult challenge was the disconnection and removal of the auctioned equipment and handling of the hazardous materials, considering the different interests. This was accomplished over ~60 days along with other restoration work to return a clean premises back to the landlord. The scope of work included developing access protocols and project scope, contract and scope management, coordination of multiple contractors and site visitors/buyers, bidding and selection of supplemental vendors, payment approvals and project close-out.

Property:

6308 N Marine Dr. | Portland, OR

PROJECT SUMMARY

Weston Entertainment

Development/Project Management
DATE OF WORK:
2019 - Current
PRODUCT TYPE:
Retail, Restaurant, and Hospitality
CLIENT TYPE:
Local Family Office
LOCATION:
San Antonio Riverwalk, Texas New Braunfels, Texas

The Ownership of this San Antonio Riverwalk restaurant closed for business due to the pandemic. After approximately a year and a half of being closed, Ownership decided to “refresh” the look and feel of the place. This project management assignment started out with an architectural design to be bid out to general contractors; however, given the objective to complete the project sooner than later, the assignment changed to design build by the Owners and hiring trade contractors directly. NBS Real Estate Consulting’s role was to take the lead and document scope of work, contract with trades, manage quality of work, approve payments to contract closeout. During construction, changes to scope were able to be made quickly to support another objective which was to fully improve the quality of the operations in the kitchen, bar and dining spaces.

Property:

Rita’s On The River, River Level, 245 E Commerce St. | San Antonio, TX

PROJECT SUMMARY

Westside Christian High School

Development/Project Management
DATE OF WORK:
2010 - 2011
PRODUCT TYPE:
Education
CLIENT TYPE:
Local Private School
LOCATION:
Tigard, OR

Project manager for the acquisition and development of a new location for Westside Christian High School (WCHS). The school had outgrown its then 20-year leased location in Lake Oswego, OR and was looking for a new location to own and grow. Project management services included site assessments, purchase and sale negotiations, partial lease-back negotiations, entitlement work (including rezoning and conditional use approvals), design participation, general contractor selection, and project redevelopment and expansion of a 40,000sf former GM training facility on 7.5 acres in Tigard, OR.

Property:

8200 SW Pfaffle St. | Tigard, OR