Ownership

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Discover Erik Selden:  A Leader in Strengthening Vancouver’s Community, Economy and Thriving “Third Places” in Downtown!

Meet Erik Selden, Senior Vice President and team leader of the Washington Trust Banking Team in Vancouver (click here to be introduced to Erik Selden). Over the past two years, Erik has been dedicated to assembling and mentoring a team of skilled, local lenders to serve the financial needs of our area. Their efforts recently culminated in the opening of a new financial center in Downtown Vancouver. In...

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...

Economy on Pause Rumbles slowly to Life

With construction resuming Tinnakorn Lofts inches closer to opening Tinnakorn Lofts is a classic situation that small business faces.   With a successful business  in Downtown Vancouver , and housing prices steadily increasing for their staff,  our clients decided to purchase a small parcel of surplus land owned by the City of  Vancouver and create a mixed  use, multifamily property .  That was...

Tenant Acquisition to Property Disposition

In the spring of 2016 the ownership group of the Historical Columbian Building at 102 East Evergreen, on the corner of Broadway and Evergreen, contacted me asking if I was interested in being their Leasing Broker. They had acquired this property in 2004 and had, over a period of 13 years; including through the great recession, had renovated a beat up old property and rekindled some of the character and...

LIFE AFTER THE WATERFRONT?

The Commercial Real Estate scene in Vancouver has clearly been dominated by the celebration and opening of the Waterfront Project in August of 2018.  First was the dedication of the Park, with it’s iconic mast and pier. Then came the opening of two fantastic restaurants, WildFin and Twigs. This was followed by a parade of high-profile office tenants, several of which relocated from the downtown core....

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...

Community Foundation Kudos

We'll lead this post with passing out some sincere and well deserved accolades to the South West Washington Community Foundation for planning and executing a great community wide event on Sept 18th - Give More 24!  Designed to create a much wider reach to community members who might not attend the many fundraising events we see every week. The final total for this 24 hour event was over 475,000 dollars. ...

Stop Leasing Own Your Business Property Workshop – October 1

Summer is definitely on the down hill slide. Kids are back to school, and it is time for us to present another session of Commercial Property 101 so that you can make 2014 the year you transitioned to owning your commercial property. This is a 90 minute workshop. You'll get an overview of how over the past two years more than three dozen local companies have made owning their commercial property part of...

Transition on interest rates?

When will the Fed decide it is time to let interest rates rise? Members of the Federal Reserve Board have a very active end of summer, with a conference in Jackson Hole and then their upcoming Quarterly policy meeting   September 16 and 17. The majority on the Fed thinks the economy needs more time to heal and that a rate hike sooner than necessary would damage growth. John Williams of the Federal...

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