SBD/14/Sponsorships Advertising Marketing

NIKE LOOKS TO ADD TO THE CAMPUS WITH NEW WAREHOUSE IN OREGON

          Nike has submitted plans to the City of Hillsboro, OR
     for a new 800,000-square-foot manufacturing warehouse and
     office complex that could employ up to 1,740 people.  Nike
     bought the property in late December and one real estate
     industry source said the property had been on the market for
     $65,000 per-acre, making it worth $4M (Portland OREGONIAN,
     1/13)....Nike ad agency Wieden & Kennedy has withdrawn its
     application for federal financing to help pay for a move to
     Portland's "trendy Pearl District."  The City of Portland
     had been working with the ad agency to secure a HUD loan and
     grant totaling $10.25M, but the federal agency questioned
     whether the project would meet a requirement to create jobs
     for low-income people (Portland OREGONIAN, 1/13).
   
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Nike, Wieden Kennedy

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