Commercial Property Success Series

Lowest Transaction Volume in 13 Years!

Lowest Transaction Volume in 13 Years! In recent months, the U.S. commercial real estate (CRE) market has been grappling with significant shifts. Amid rising economic uncertainties, interest rate hikes, and changes in property demand, the industry is recording its lowest transaction volume in 13 years. While this downturn may seem daunting, it also presents opportunities for informed investors and...

2014-2023 Transactions_Sales Volume_Avg PSF

Downward Trend Pauses- Recovery on horizon ?

Clark County's Real Estate Market: Trends from 2014 to 2024 Q3 As a Commercial Real Estate Broker, keeping abreast of market trends is crucial for guiding investors. Based on the data from 2014 to the second quarter of 2024, several key trends in the Clark County Real Estate Market are evident. This analysis focuses on transaction volumes, sales volumes, and average price per square foot, providing a...

2014-2023 Transactions_Sales Volume_Avg PSF

Transforming Local Companies from Tenants to Owners in Clark County’s Commercial Real Estate

Transforming Local Companies from Tenants to Owners in Clark County's Commercial Real Estate At the heart of our mission is empowering local businesses to transition from leasing to owning their commercial spaces. This not only bolsters the local economy but also strengthens the fabric of our community. Our focus lies in the niche of 3,000 to 30,000 square-foot buildings, catering to the diverse needs...

CREDC Vancouver Washington Jim West

CREDC Aspirations to Cure Cancer

CREDC Aspirations to Cure Cancer An inspiring presentation today from Dr. Gary Gilliland President and Director of the Fred Hutchinson Cancer research center in Seattle.  He brought us up todate on the mega strides that have been made in the war on cancer the past ten years. The "Hutch" is independent, nonprofit research institute based in Seattle, Fred Hutch houses the nation's first and largest cancer...

The Way of the Sun – Sun Modo on the rise.

The Way of The Sun - Sun Modo on the rise. (Image from The Columbian) Back in 2011 was when Sun Modo first began to raise their profile here in Clark County.  Sun Modo means -the way of the sun, and they were following the growth of the solar industry by providing innovative racking systems for installing solar systems.  They were identified as a rising new business both by their regular attendance at...

5 Notable Things about Economy in October

Running out of steam?  Our first note is the US economic expansion continued this past summer, but only at a 1.5% increase according to a report released by the BEA last week.  Down sharply from 3.9 % growth this past spring. Second note is Congress did extend the debt ceiling as the month closed out.  This prevents another standoff between the White House and the Congress, and gives the government and...

Vision Translated to Reality

My big chance for a question to the panel The Columbia River Economic Development Council held their final  quarterly luncheon of 2014 at the Heathman Lodge Monday January 15th.   The topic was how strategic planning is vitally important to creating a vital economic future. This is topic is important because the effects of the 2008 Great Recession set our economic development base back about four...

Podiatrists gain foothold at Pacific Crest

In 2008 Drs. Ellen Wenzel and Zarko   Kajgana  made a decision to locate their Podiatric practice here in Clark County.  Both had completed their training and residency, having matriculated from Scholl College of Podiatry at Rosalind Franklin University in 2007  and been Board certified by the American Board of Podiatric Orthopedics and Primary Podiatric Medicine. They set up “shop” out along...

VDA- Property Owners Summit

Vancouver's Downtown Association is again stepping to the forefront to inspire another surge of activity to the ongoing momentum created over the past three years. Lee Rafferty welcomed VDA members and property owners to a "Downtown Property Owner Summit" this past Thursday at the Brickstone Ballroom. The focus of the Summit was to bring Michelle Reeves back for a review and refresh of the principles she...

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