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Sharma Vision Comes to Life

A three year odessy is about to be completed, with a  ground breaking ceremony , scheduled in the middle of July. In early  2011 Dr.  Sanjeev Sharma owner of Premier Dental in Camas, set his sites on purchasing  a small parcel of vacant land in front of the Wal-Mart on 192nd and Mill Plain Blvd.  During […]

Watumull finds a new home in Clark County

A firm based in Hawaii,  Watumull Properties Corp is the purchaser of the Orchards Center at 10401 NE Fourth Plain Blvd.  One very clear trend in commercial real estate within Clark County, and across the country during the past year  is that investors and management firms like Watumull are actively considering acquisitions.   Many property […]

The Gateway is percolating and buzzing

On going roadwork along 15th street and upper Main immediately after you enter Vancouver from I-5  is causing regular traffic slowdowns, but doesn’t seem to be hurting business. I went and had some a morning beverage at Compass Coffee last week. Spoke with owner Bryan Wray as there have been earth moving machines and holes […]

Clark Y eyes finishing line and starting line !

Saturday morning the 26th of April I attended a ribbon cutting at the Clark County YMCA over on 51st Ct. The facility has been here since May of 2000.  For the past four years the Y has been in the midst of a capital campaign  to raise 8.2 million dollars to add several new amenities […]

Buffett and Commercial Real Estate

I’ve seen a number of references recently to an article in Forbes where Warren Buffet make comments on a couple of commercial real estate properties he has owned for years.   I copied the story below – Read it with a couple of things in mind : While Buffett is not a CRE investor per se, […]

Journey embarks on new journey

The Columbian  in their weekly real estate roundup announced the purchase a downtown Camas property by Journey Church from the Fisher family.  The property sits just east of the church on NE 4th.    The Journey community  has decided to take on a new project and expand their services in downtown Camas, where they have helped change […]

Industrial Forecasted To Heat up 2013 ?

Here is a summary of a press release from the National Association of Inustrial and Office Parks that has  their outlook  for 2013. According to the NAIOP Industrial Space Demand Forecast they expect the U.S. industrial market is to experience   significant growth throughout 2013 and 2014, with annual net absorption forecast to reach 150 million and 175 million […]

You can take your hands away from your eyes!

What does 2013 hold for Commercial Real Estate?  My expectation is it will look very similar to 2012.  Slow employment growth here in Southwest Washington will keep  activity at modestly active levels.   Scott Bailey has sung this refrain for the past four years, and nothing on the horizon suggests that will change. However 2012 held […]

Taking our “OWN” advice.

                                                       Congratulations to Mike Jenkins and Darryl Horrowitz on the acquisition of the HDJ building at 314 W 15th Street in Downtown Vancouver.   The final steps of the transaction we’re completed during the week of December 6. We’ve stressed the “Stop Leasing ! Own your business property ” theme for the past four years. […]

Golden shovels on a rainy day

  The weather was a bit on the wet side.  Well let’s be more clear…  it was pouring rain all morning.  However true to  Northwest spirit,  rain did not dampen the enthusiasm of the crowd attending the Groundbreaking ceremony for the new two story medical clinic at the corner of 139th and 10th Ave just North […]