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Local businesses are the lifeblood of our neighborhoods. This section is for business news, advancements, promotions, expansions and other noteworthy events to be shared with the community at-large. Business Memo submissions for the August issue submission are due by Wednesday, July 16. For best results, email editor@midcountymemo.com. You may also mail submissions to 3510 N.E. 134th Ave., Portland, OR 97230. The Mid-county Memo phone number is 503-287-8904, and our fax number is 503-249-7672.

Parkrose Hardware sold to Mississippi company
Parkrose Hardware was sold to a Mississippi company recently. In December 2012, co-owner Bryan Ableidinger poses in his store's extensive fastener department when the store was undergoing a complete remodel.
Memo photo/Tim Curran
Parkrose Hardware-and its sister store in Vancouver-was recently sold to Central Network Retail Group (CNRG), a Natchez Mississippi Limited Liability Corporation that operates 45 hardware stores, home centers and lumberyards in nine states under 10 different brands. “We are excited about the addition of Parkrose Hardware to our company,” said Jimmy R. Smith, chairperson of CNRG in a news release. “Parkrose [Hardware] is our first step out west and will serve as a foundation for our growth in the Pacific Northwest.”

Besides the Parkrose location, co-owners Bryan and David Ableidinger have a store in Vancouver that is part of the sale.

“We have been looking for several years for the right path forward for our Parkrose brand,” Bryan Ableidinger said in the same release. “With CNRG's expertise, capital, and growth-oriented outlook, we feel we have found exactly what we are seeking. After working with Boyden (CNRG president) and his team over the last several months, I can see that our platform will be in very competent hands and once the transition is complete, we will be ready to grow the brand in the Northwest.” Ableidinger, whose parents started the business, will continue to work at the store and serve as consultant for other CNRG initiatives. However, his brother David is retiring.

“All employees have been retained and are working for the new company,” said PH District Manager Michael Nelson in an email. “For the time being, we do not anticipate many changes and will continue to run the companies as we always have.” He added, “The only thing our customers may notice is that we will no longer have a relationship with ACE but will be moving to another supplier.”

David Douglas purchases former restaurant and office building
The David Douglas School District purchased two buildings June 18 to house a portion of its administrative employees on Northeast Halsey Street.

The David Douglas School District purchased two buildings June 18 on Northeast Halsey Street to house a portion of its administrative employees. One has been vacant since May 2013 when Yaw's Top Notch Restaurant spectacularly flamed out after being open less than a year.
Memo photo/Tim Curran
The district paid $2.9 million for the land and buildings with monies from their general fund, according to Patt Komar, director of administrative services for the district. “At this time, we are still determining the departments and staff that will move to the new administration building,” Komar said. “We expect about 100 employees to be housed there.”

The building housing those administration employees is at 11300 N.E. Halsey St. Those employees will move to the new building so that the district office can move out of David Douglas High School and “use the much needed space for high school programs,” Komar said. The two-story office building is about 20,000 square feet.

The district also purchased a second single-story, 6,500 square foot building at 11340 NE Halsey St., most recently housing Yaw's Top Notch Restaurant, one of many restaurants and nightclubs occupying that space over the last two decades. Komar said the district has yet to decide how it will use the second building.

The district purchased the buildings from a group of five owners, according to David Pietka, one of the owners.
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