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Facebook-leased tower in S.F. may hit record price in sale

Facebook-leased tower in S.F. may hit record price in sale

In May, Facebook Inc. signed San Francisco’s biggest office lease deal in history — all 755,900 square feet in Park Tower, a 605-foot skyscraper currently under construction. Now the building’s owners, MetLife, the John Buck Co. and Golub & Co. are hoping to sell a 49 percent ownership stake in the tower, five real estate professionals tracking the building told the San Francisco Chronicle. The individuals added that the building’s price per square foot could exceed $1,500, totaling over…

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Schmidt’s Deodorant to close Portland factory, 52 jobs eliminated

Schmidt’s Deodorant to close Portland factory, 52 jobs eliminated

One of the city’s rising consumer goods brands has shuttered its Northeast Portland manufacturing facility. Schmidt’s Deodorant Co. will eliminate 52 jobs as part of the closure, which takes effect Oct. 31. The move comes less than a year after the company was sold to Unilever. Jaime Schmidt, the company’s founder, said after the sale she’d hoped to use the deal to get “immediate access to a more stable supply chain, retail opportunity, consumer insights and talent … Of greatest value is the…

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Five Things to know on an unforgettable date

Five Things to know on an unforgettable date

Holy moly, it’s Tuesday. Weird, right? We’ve got a lot to do so we’ll get right into it. Have a good one. Buying in Flir continued a year in which it’s making investments in various strategic partner. Today, we’re talking about a Denver company that Flir out-and-out bought. The move gives Flir more inroads in roads (ouch) software and other such tech. Update The fate of Unity Center remains at the top of health care regulators’ minds. The Center’s issues, via the Oregon Health Authority, include…

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