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Empowering Small Businesses: Lease to Own

Empowering Small Businesses: Lease to Own In today’s competitive landscape, it’s not uncommon to hear stories of local businesses being forced to close their doors due to larger, more powerful entities. This narrative struck a chord with Kevin Song, founder of Withco, whose own family experienced the harsh reality of losing their business and home. […]

Significant Sales – February 2024

Significant Sales – February 2024 816 NE 87th Ave. Within walking distance of Peace Health. Sea Mar Community Health expanded it’s Clark County Footprint. By acquiring this 6156 Sf building for $1,460,000. It was the highest price in the entire county. Congrats to Brett Irons of the Fuller group as the listing broker. Ave There were a […]

Significant Sales – December 2023

December Significant Sales 2023 ended on a relatively quiet note. The number of transactions was down across the board in all segments compared to 2022 and compared to Q4 2022. There were two sales that highlighted the current state of the CRE market. 1220 Main, the former corporate HQ of First Independent Bank, was sold […]

2024 Can be the year you own your business property

2024 Can be the year you own your business property We help company owners transition from leasing to owning their business property.  We track a  target market for local Clark County  Buildings ranging from 3,000 to 30,000 square feet in size across 3 segments of the market Industrial/ Retail / Office.  Here are the trends […]

Will this Cycle take seven years like the Great Recession Cycle?

Will this Cycle take seven years like the Great Recession Cycle? The Commercial Real Estate (CRE) market operates in a cyclical pattern and is closely tied to the broader economy.  The Cycle consists of four distinct phases: Recovery, Expansion, Contraction, and Recession. Each phase presents unique challenges and opportunities for tenants, investors, developers, and Owner […]

New Report Shows 2022 Tourism Exceeded Pre-Pandemic Numbers in Clark County, Wash.

New Report Shows 2022 Tourism Exceeded Pre-Pandemic Numbers in Clark County, Wash. VANCOUVER, Wash. — A recent report conducted by national travel research firm Tourism Economics for State of Washington Tourism (SWT) showed visitor spending and volume in Clark County, Wash. exceeded 2019 data for the first year since COVID-19 depleted the tourism industry. Total […]

The Long Game…. Could it be another 7-year Cycle? 

The Long Game…. Could it be another 7-year Cycle? The Federal Reserve’s interest rate increases have had an impact on the volume of both residential and commercial property sales during the past year.  As the Fed raises rates, it affects the cost of borrowing money for commercial property investments. This has resulted in higher costs […]

Boom-Towns of America: We Ranked 39th!

Boom-Towns of America – We Are Ranked 39th!  Seven Economic Drivers That Will Keep Clark County Growing… Clark County continues to thrive and provide for a great foundation of investment in commercial property. SmartAsset, a national financial planning education website, recently ranked Vancouver as the 39th Fastest Growing City in the U.S! While we see […]