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Thieves break into Planet X showroom in northeast Portland – UDPATED

Posted by on January 15th, 2014 at 8:08 am

Visit to Planet-X HQ-8

Planet X USA showroom on NE Hancock.
(Photo by J. Maus/BikePortland)

Thieves hit the showroom and offices of Planet X USA on northeast Hancock Street. According to employee Vincent Rodarte, the break-in occurred sometime between 6:30 pm on Friday (1/10) and 3:00 pm on Saturday. The stolen items include frames and complete bikes valued at over $11,000, about $70 in cash, a handful of headsets and other accessories, and a Fuji digital camera.

Rodarte says the thieves ransacked all the cabinets and somehow got away without tripping the alarm.

Below are photos and specs on the stolen bikes:

Bike #1: Prototype Titus TR26 ($8,200)

o 26″ Wheeled Full Suspension MTB, Gloss Black w/ White “PROTOTYPE” on Top Tube
o 142 x 12mm thru axle rear end
o Cane Creek Double Barrel Air shock
o Rockshox Revelation Fork, White 160mm travel
o 1-1/8″-1-1/2″ tapered headtube w/ On-One Mixer headset
o SRAM Roam Carbon26″ Wheelset w/ 142 rear spacing, 15mm thru axle front
o SRAM XX1 Drivetrain
o Titus El Guapo handlebar
o On-One Hotbox stem

Bike #2 Planet X Pro Carbon Track Bike ($1099.99) – Complete

o Large White Carbon Fiber track frame w/ White Carbon track fork
o Polished Silver On-One Track crank, 160mm w/ 48t chainring (NO CHAIN)
o White On-One Drooper Handlebar w/ White Bar Tape
o Silver Alloy Tubular track wheels w/ tires

Bike #3 Planet X Macinato Track Bike ($625)

o Large Blue Chromo Frame & Fork
o Smoothie Regular headset (Black)
o Polished Silver On-One Track Crank, 160mm w/ 48t ring (external bb)
o On-One Drooper handlebar, White with White Tape
o White On-One Clincher track wheels, 120mm track spacing, white rims with Silver sidewall

Bike #4 On-One Whippet, 18″ Red/White Carbon 26″ Hardtail ($1999.99)

o SRAM X9 2×10
o Rockshox Recon, White
o On-One Race 26″ Wheelset, Red hubs/White Rims
o Truvativ Bar/Stem/Post
o White On-One Bignose saddle
o Maxxis High Roller Tires, 26″

Planet X is based in England and opened its North American headquarters in Portland last year. We profiled them back in March as they were just settling into their 10,000 square foot warehouse and showroom. The location on Hancock (just east of Williams Ave) is home to several other bicycle-related businesses including Portland Design Works, the Community Cycling Center, and Bike Farm.

Rodarte says he has filed a police report and a notice on Facebook and Craigslist. Keep your eyes peeled. If you see any of these bicycles call Planet X at (503) 894-8956 or the PPB North Precinct at (503) 823-5700 (reference case # 14-3068.

UPDATED, 6/27/14: KPTV reports that these bikes have been recovered! See the full story here.

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  • Christopher Sanderson January 15, 2014 at 8:31 am

    So sad to hear.

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  • Lance P. January 15, 2014 at 9:30 am

    I’m sorry to hear this 🙁 I’m hope that their insurance covers this.

    If only the thieves would have stolen an auto then the PPB might have cared.

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  • Johnny January 15, 2014 at 9:30 am

    Ironically, the Whippet will be sold on the street to buy whippets. Hope the items are recovered.

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  • Vince Rodarte January 15, 2014 at 10:05 am

    Thanks guys! You can see more details on our STOLEN BIKE ad on Craigslist:

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  • Adam January 15, 2014 at 10:09 am

    I wonder how they managed to do this without triggering the alarm. Am i the only one who finds this worrying?

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  • Bryan Hance January 15, 2014 at 10:33 am

    Grrrr… and meanwhile up in Seattle, North Division Bike shop got hit twice in two weeks 🙁


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    • Gram January 17, 2014 at 2:17 pm

      I think you mean Spokane 😉

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  • Maximus January 15, 2014 at 11:16 am

    Bikes costing nearly 10 grand? Its a bike. Get a motorcycle. Bikes shouldn’t cost that much.

    Correct me if I’m wrong, but, No one ever breaks into a place like Bike Farm.

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    • Jeremy January 15, 2014 at 12:03 pm

      The reason that one is so high is that it was a prototype of a bike soon to be released, and it had SRAM XX1 on it. That groupo alone is ridiculously over priced from SRAM.

      $350 for a cassette:

      The funny thing is they took the fixie!

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      • davemess January 15, 2014 at 1:03 pm

        two fixies!

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      • scott January 22, 2014 at 9:37 am

        That cassette is not overpriced. Currently, each cassette has to spend something like 7 hours in a CNC machine to become a finished product. I bet SRAM is making very little off the cassettes.

        Also, a full 2×10 XT “groupo” cost more than an XX1 and that isn’t even Shimano’s highest level build kit.

        Do the math son.

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    • Jonathan Gordon January 15, 2014 at 12:23 pm

      Bikes costing nearly 10 grand? Its a bike. Get a motorcycle. Bikes shouldn’t cost that much.

      Why shouldn’t they cost that much? How much should they cost? Why should I buy a motorcycle?

      Correct me if I’m wrong, but, No one ever breaks into a place like Bike Farm.

      I’m not sure what conclusion you want me to draw from the fact that you think thieves only steal from places that sell high end bikes.

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    • Paul WIlkins January 15, 2014 at 1:08 pm

      Community Cycling Center was burglerized last year. Not just 10K steeds getting filched.

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    • Alex January 15, 2014 at 3:41 pm

      The tech that goes into a bike to make it light and strong is expensive. The amount of force that a sub-30 lb mountain bike has to take is pretty great and the materials needed to make a bike that light are expensive.

      Moto’s aren’t even really using carbon fiber to build frames and the ones that have come out have been _really_ expensive. The suspension technology is also just as expensive as it uses mainly the same tech, but also has to be much lighter. The pivots and rear suspension design also have greater implications on riding bicycles and are guarded more heavily (from what I can tell).

      In the end, bikes will cost as much as the market can support and the market can support $10k bikes.

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    • scott January 15, 2014 at 4:01 pm

      But they do cost that much if that is price range of the bike you are looking for. There are also very many brands that offer bikes in that price range. So if all those big bike companies have those for sale, and are still big companies that measure profits in the tens of millions, what would that tell you? That those customers wanted those bikes, and not a motorcycle.

      I’ve seen a record player that cost $45,000, installation not included, and personally bought a motorcycle for $10. It is all relevant. If they will buy ‘it’, sell ‘it’ to them.

      Also, what are you going to steal from Bike Farm? I don’t think they have any new product that costs more than $50 which means you could get about $5 for it on the street. Also, it’s location is nowhere near any type of dependent drug hot spot so the average quick cash type of thief would need to travel out of the area that is useful to his dependency simply to boost lights and other assorted accessories from a place like Bike Farm. This doesn’t make sense.

      Bike Farm also does not have the type of stuff that a thief would want to break in at night and get, so that is out too. No one is going to risk felony B & E for a score that doesn’t go into the thousands and anything used in the bike industry that is going to garner thousands on resale is not in Bike Farm. I love Bike Farm by the way. I just wanted to point out the incorrectness in your hypothesis.

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  • Racer X January 15, 2014 at 1:37 pm

    The new generation of Portland Bike Shops…the jewelry shops of today.

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    • Mossby Pomegranate January 15, 2014 at 6:03 pm

      The clouds of smug are forming.

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  • Vince Rodarte January 15, 2014 at 3:04 pm

    I wonder how they managed to do this without triggering the alarm. Am i the only one who finds this worrying?
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    Adam… You are not alone in that thought… Our “security” company is reviewing the activity log for our account… I am VERY interested in their findings.

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    • Dan January 15, 2014 at 3:12 pm

      Would you tell us how it happened when you find out?

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  • Vince Rodarte January 15, 2014 at 3:06 pm

    KPTV came in today and are doing a story on the break in…

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  • dwainedibbly January 15, 2014 at 5:47 pm

    They didn’t remove a plate glass window, did they? Here’s hoping the merchandise is recovered & the perps are disemboweled, ritually.

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  • Paul Smith January 15, 2014 at 8:16 pm

    $8200 for a freakin’ mountain bike!!! *faint*

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  • John January 16, 2014 at 11:56 am

    What a trajedy. Hope insurance is on your side.

    Interesting note, the thieves, like me, seem to prefer 26″ wheeled MTB’s.

    Down with 27.5! Save the 26!

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  • Vince Rodarte January 21, 2014 at 2:52 pm

    We found that another bike has turned up missing… Large On-One Pompino fixed gear. Brown Frame & Fork, Brown tires, White seatpost, creme colored saddle, silver crankset, tektro brake levers…

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  • Artika July 22, 2015 at 4:07 pm