News & Press Releases

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Portland Business Journal
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Willamette University
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Real Estate Award
Portland Business Journal
Portland Business Journal
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Wal-Mart
Park Avenue West Will Move Forward
Portland Business Journal
Portland Business Journal
Real Estate Award
Less Building Now
Park Avenue West Will Move Forward
TMT President Revives Park Avenue West
Women Of Influence Orchid Award
CEO Award
40 under 40
Urban Pioneer Award
May 7, 2013 | Oregon Live

Map by Portland's VideoSurveillance.com Reveals Cameras Pointed at Public

A Portland-area company has created a website that lets people view reported locations of now-ubiquitous surveillance cameras, including tens of thousands of the devices some estimates put in downtown Portland.

April 9, 2013 | Portland Business Journal

The West End: The Next Great Portland Neighborhood

It's understandable that Portlanders are biased believers in the wonders of our city. But it's affirming to find our enthusiasm for Portland validated by objective observers.
Various surveys have ranked Portland as America's Cleanest City, Greenest City, one of America's Top 20 Best Places to Work, Best Places to Live, even one of the healthiest places in the U.S. to be a pet.

Mar 29, 2013 | Portland Business Journal

Federal Vacancies Don't Rattle TMT's Vanessa Sturgeon

Vanessa Sturgeon, president of TMT Development Co., is unfazed at the prospect of rising office vacancy rates. She calls it a good opportunity for Portland to attract new corporate tenants.
Sturgeon has been waiting for the right conditions to resume construction of Park Avenue West in downtown, four years after halting work on the office tower.

Feb 11, 2013 | Portland Business Journal

Column: Why settle for a warranty when you can pursue excellence? - Portland Business Journal

Like property owners and managers everywhere, our company had to take a hard look at operating costs as a long, hard recession took hold. Like many in our industry, we refused to sacrifice excellence to reduce costs. That's an admirable aspiration. But how, we asked ourselves, were we going to put this noble ethic into practice?

December 20, 2012 | Willamette University

Willamette Alumna Strikes a Balance Between Work and Motherhood - Willamette University

Vanessa Sturgeon gets most of her work done at night, after she puts her 5- and 3-year-old boys to bed.
That's when she switches from being a mom to becoming president of TMT Development, a company she's run for the past decade.

December 10, 2012 | Portland Business Journal

An Army of 'Somebody Elses' Pushes Portland to Excel - Portland Business Journal

There's been so much bad economic news the last few years that it can be easy to forget what good news looks like.
Some recent developments in Portland may help us remember.
One of the greatest mistakes a city can make is to wait for "somebody else" to fix its problems.

October 2, 2012 | Press Release

Fox Tower Earns LEED Gold

Fox Tower has gained a national certification for its sustainability. Fox Tower, 805 S.W. Broadway, managed by TMT Development, has attained LEED Gold Certification for Existing Buildings: Operations and Maintenance. LEED is the U.S. Green Building Council's national benchmark for the design, construction and operation of green buildings.

October 1, 2012 | Press Release

Fox Tower attains LEED Gold Certification

TMT Development announced today that the Fox Tower has attained LEED Gold Certification for Existing Buildings: Operations and Maintenance. Leadership in Energy and Environmental Design (LEED) is the U.S. Green Building Council's (USGBC) nationally accepted benchmark for the design, construction and operation of high-performance green buildings.

September 28, 2012 | Portland Business Journal

Mobile Workforce Alters Definition of Office Space - Portland Business Journal

Paul Gibbons has designed a lot of private offices. But in four decades of laying out office space for business, the Portland designer has never had one of his own.

September 14, 2012 | Portland Business Journal

Real Estate Executives Cite Barriers to Development - Portland Business Journal

Portland's commercial real estate recovery is being hampered by a lack of new jobs, the vaunted "Portland process" and a lack of a united public-private vision for the region.

September 13, 2012 | Portland Business Journal

Portland Execs Talk Real Estate Roadblocks - Portland Business Journal

Portland area real estate executives challenged Oregon's vaunted land-use processing and laid-back culture as major obstacles to a full economic recovery in a wide-ranging discussion this week.

September 11, 2012 | Portland Business Journal

Portland Real Estate Recovery Hung Up on Jobs, Rents, Politics - Portland Business Journal

Portland's commercial real estate recovery is being hampered by a lack of new jobs, the vaunted "Portland process" and a lack of a united public-private vision for the region. Portland's leading real estate executives touched on a wide range of topics during a commercial real estate roundtable, organized Tuesday by the Portland Business Journal. Owners and operators report Portland area office rents are roughly equivalent to where they stood a decade ago. Vanessa Sturgeon, president of TMT Development,

August 27, 2012 | DJC Oregon

Wal-Mart's New Store Will Have Portland's Largest Green Roof - DJC Oregon

Ground is scheduled to be broken today on a project to add a 90,000-square-foot Walmart store in North Portland, and company and city officials are excited about what will be on top. "It's going to be the biggest green roof in the state," said Rachel Wall, senior manager of community affairs for Wal-Mart. "We're proud to incorporate (it) as we continue to strive to create a more sustainable world."

August 8, 2012 | DJC Oregon

Women Developers Advising Next Generation - DJC Oregon

Even though Kira Cador's father owned a development company, she didn't decide to follow his footsteps until she met a woman involved in the industry. "She was a real estate attorney, and she told me … 'You can do this. It's not rocket science,' " Cador said. "When you have a woman that says that to you and gives you support, it's a lot easier to plug away."

July 20, 2012 | The Portland Business Journal

Creatives Stir Up Office Market - The Portland Business Journal

Software developers and other creative-type businesses are driving demand for office space in Portland. They're increasing occupancy and rent in every property type, from overlooked historic buildings to class A office towers.

May 18, 2012 | The Portland Business Journal

2012 Awards and Achievements - The Portland Business Journal

Portland's TMT Development was awarded the "2011 Real Estate Customer Services Award for Excellence," also known as the A-List Award, by CEL & Associates.

May 7, 2012 | Press Release

2011 Real Estate Award

TMT Development is proud to announce the Fox Tower has been awarded the 2011 National Commercial Real Estate Customer Service Award for Excellence for the second time in a row.

Feb. 6, 2012 | The Wall Street Journal

Less Building Now, Higher Office Rents Later – The Wall Street Journal

In the U.S. last year, developers broke ground on office buildings with a total of just 56 million square feet of space, the lowest level tracked by McGraw-Hill Construction since at least 1960...

Nov. 4, 2011 | DJC Oregon

Park Avenue West will move forward in 2013 – DJC Oregon:

Hoffman Construction Executive Vice President Bart Eberwein and others expressed relief today, when TMT Development announced that in late 2013 work will resume at Park Avenue West, a downtown Portland high-rise project that stalled more than two years ago.

June, 2011 | Oregon Business

TMT President Struggles To Revive Park Avenue West – Oregon Business

TMT Development is caught in a trap. One of the lions of downtown Portland real estate development, it’s looking to erase a black eye dished out by the financial crash and to cover that construction pit at Park and Yamhill with the completed high-end office tower, Park Avenue West.

April 7, 2011 | Business Journal

Women of Influence Orchid Award – Portland Business Journal

Vanessa Sturgeon was awarded the Portland Business Journal's Women of Influence Orchid Award in 2011. This award is given to 25 of the most influential female business leaders in Portland for their accomplishments in business and service to the community.

Dec. 8, 2010 | Business Journal

CEO of the Year | Portland Business Journal

Thomas P. Moyer was awarded the Portland Business Journal's CEO of the Year award in 2008. This annual award is bestowed to a CEO who demonstrates outstanding leadership and excellence.

Feb. 18, 2010 | Business Journal

40 Under 40 Award – Portland Business Journal

In 2010 Vanessa Sturgeon was listed as one of the Portland Business Journal's "40 Under 40." This annual award honors forty businessmen or businesswomen, all under age 40, who have made significant contributions to the Portland business community. Hundreds of men and women are nominated and the editors of the Portland Business Journal make the final selection.

2003| PSU

Urban Pioneer Award – Portland State University

In 2003 Thomas P. Moyer was awarded the Urban Pioneer Award from Portland State University's College of Urban & Public Affairs. The award is given to leaders in the community for their contributions to the landscape of Portland and the surrounding region.

We have been tenants in The Alder Park building for nearly 10 years. TMT has been an incredible Landlord! As a small business, we strive for excellent customer service; TMT clearly has the same goal. In every interaction we have been treated with respect, fairness and the utmost in professionalism. It's wonderful to feel as if we are on the same team as our Landlord.
Jim and Jodie Westing, Subway Franchisees