The Economy

Vancouver WA

Vancouver’s Culinary Boom: A Restaurant Renaissance!

Vancouver’s Culinary Boom: A Restaurant Renaissance! Vancouver, WA, is buzzing with a vibrant new energy as it transforms into a culinary hotspot. Despite broader economic concerns and the closure of a few long-standing favorites, the local food scene is thriving with fresh ideas and exciting new establishments. From authentic global flavors to inventive fusions, these new arrivals are redefining...

coffee house third place meeting

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...

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...

STAT OF THE WEEK: Clark County Commercial Office Market

We get many FAQs about the state of the CRE market here in Clark County. The Pandemic has obviously had a negative impact on the entire economy and many wonder how those impacts will manifest themselves here locally. The two impacts that have seemed to create the most curiosity are the challenges of brick-and-mortar retailers, the fate and future of restaurants and what will office use look like in the...

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....

2019 Starting Off With Strong Momentum in Clark County Office Market

We appreciate the opportunity of representing the Landlord, Vancouver Housing Authority (https://vhausa.org), in securing a 5-year lease with NAMI Mental Health Services (www.nami.org) at 2500 Main Street. Suite 120 is a 2,300 SF space that will prove a fantastic location for them to conduct vital work on mental health issues. Representing Marc Neidlinger and his cutting edge marketing company, Blue...

Vancouver Breweries, Vancouver, Vancouver Business Journal, Hopworks

AND THE BREW GOES ON AND THE BREW GOES ON !

Hopworks joins Vancouver Scene The opening of Hopworks new brewpub in East Vancouver on Friday, December 30th is but the latest in a recent trend of new breweries to be opening their doors and finding a home in Vancouver. Outside of McMenamins, which had arrived on the Columbia River roughly 20 years ago, most of the Clark County craft brew scene had grown locally, organically.  It was a slow steady...

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...

Conerly Snapshot

Bill Conerly of Conerly Consulting send out a monthly newsletter that I always find insightful. He is also a regular contributor to Forbes.  He  helps cut through the noise and we all know there has been plenty of noise with the investment and oil  markets jumpy, the presidential primaries on full tilt and let's toss in an opening on the Supreme Court. These are five graphics I pulled from the March...

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