Craft3 extends roots in Astoria

By: Edward Stratton - Jan 04, 2017
Source: The Daily Astorian

Lender moving to the Fisher Bros. building

Regional lender Craft3 will consolidate its Ilwaco, Washington, and Astoria offices at the Fisher Bros. building in Astoria in February.

Carl Seip, a spokesman for Craft3, said the move is about locating in a regional economic center. The lender will house 12 to 15 staff as the sole tenant of the Fisher Bros. building, located at the corner of Astor and Seventh streets near the waterfront. Craft3 is currently building out its offices in the building. Seip said there are also plans to refurbish the historic Fisher Bros. mural outside.

“We’re excited to move down there,” he said. “It gives us a lot more visibility in a community we’ve lent in for well over two decades now.”

Since its inception, Craft3 has lent nearly $33 million in Clatsop County and nearly $20 million in Pacific County, Washington.

Craft3 was founded as ShoreBank Enterprise Pacific in 1994 inside a former cannery in Ilwaco by John Berdes, who died last year. Berdes was succeeded by Adam Zimmerman. In Astoria, the lender has operated out of offices on Pier 39 since 2010. Seip said the lender has simply outgrown its old spaces. He said the move to the Fisher Bros. building will be complete by the end of February.