Ownership

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 several good things for the local market.   With many Leases on...

                                                       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...

  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 of the Salmon Creek Park & Ride. Here is a link to the article in the VBJ from...

Recieved my copy of the Vancouver Business Journal today, and on the front page they had a nice article about Kat Saenguraiporn and her husband Noom who have purchased  a 4800 square foot building in downtown Vancouver from Ryan Hurley. The building, on the same city block as their current location, where they have served great  food for over 15 years will serve as their new home after they complete...

LAST  PUB TALK 2012 - Come preview the companies who will rule the future. Clark County PubTalk™ TUESDAY, NOVEMBER 27, 2012  5 p.m. - 8 p.m. "BUSINESS PITCH COMPETITION" Clark County's premiere networking event for entrepreneurs is back with another exciting installment, featuring an exciting Business Pitch Competition. Details will be announced shortly, so stay tuned! Clark County PubTalk™ is...

Last week I wrote about the article I'd submitted in the VBJ called  "TIme to Move?".  The basic premise being we are seeing an accelerating trend of local companies making the move from leasing to owning their business properties. I referenced in my article the table I'd included, that showed more than  twenty companies who'd done this over the last fourteen months  was not comprehensive and I...

The most recent edition of the Vancouver Business Journal published an article I submitted on an accelerating trend in the Commercial Real Estate market.  The article titled Is it Time to Move ?  noted that the Business Journal had highlighted  for several weeks in a row local companies who were making the move from leasing to buying their business properties. Going back through transaction histories...

The actions of  the Federal Reserve this past week represent a clearly defined  shift into a significantly more aggressive mode to improve the employment market.  The Fed like all of us has been impatient to see employment numbers improve, and finally got tired of wai Here are several bullet points that will give you the most important take away of these weeks’ events. I’ve underlined segments for...

Here are two stories over the past week that reinforce the idea that now is a great time for companies to purchase their business properties.  The Vancouver Business Journal featured Mike Jenkins and Daryl Horrowitz and their purchase of a 3.6 million dollar three story building at Mill Plain and Columbia.  Jenkins,  head of Coldwell Banker Commercial and MAJ development knows well the wealth building...

Last night we kicked of the 2012 Commercial Property $uccess $eries with CP101- our class on moving from Leasing to Owning. Excellent presentations by Deborah Oester from Columbia Credit Union about preparing yourself to aproach a Commercial lender, Jim Bright on the SBA 504 program, and Ron Frederiksen of RSV Building Solutions on how to most effectively manage development issues. We've been doing these...