The question is no longer, “Is a recession imminent?” By definition, negative GDP for two consecutive quarters, we are in a recession. NAI Cascade brokers Walt Ramage, Jeff Reed, Chuck Brazer, Katy Haines, and Lynn Coker were in the industry in the Great Recession of 2008 so they sat down to discuss how this one
Jenn Limoges, CCIM and Principal Broker weighs in on the market by vertical: RETAIL- Where did the staff go? Sale prices are heading down as are rents. New development rents have leveled off for now, as construction prices for materials have come down. However, considerable risk still exists around delivery timelines and inflation
Lynn Coker, a long-time Oregonian, joins NAI Cascade after nearly 20 years with NAI Capital, based out of Palm Springs. "We are thrilled to add Lynn's expertise and market-connectivity to our firm. The integrity and synchronicity of all our NAI Global affiliates made this an absolute seamless transition," said Principal Broker, Katy Haines.
As anticipated, the commercial market kicked into high gear in Q4 of 2020. Most folks resumed work under “the new normal”, (a phrase we never want to hear again), which meant trading assets and finding space to get their businesses moving again. Transactions varied from investments and exchanges to leases and even
NAI Cascade Brokers have been busy refilling their pipeline after the COVID related slow in Q2. Q3 saw the rebound of leasing and the long awaited closing of Pappy's Pizzeria. Q4 2020 and Q1 2021 will see the closing of several investment properties and some exciting projects coming to market! Recent Q3 transactions
There is no denying that recent economic events, marked largely by the inverted yield curve, indicate an impending recession. The current cycle has been marked by tighter regulation, and investors and developers erring on the side of caution. However, they are poised to profit when the recession hits. The next downturn is expected
Karen Koppel introduced a new tenant to Brookswood Meadow Plaza. Stride Canine Rehab will join Brookswood Animal Clinic and ARTdog in this very animal-friendly complex. Stride plans to open its new location before the end of the year. Karen also brought McCallum Rock Drilling, which has offices in Chehalis, WA and Salem, OR,
Walt Ramage represented the buyer and seller in the acquisition and disposition of 1,120 acres in Grant County. These premier hunting properties closed at $1,120,000. Walt also represented the seller of a 13.53 acres on the Metolius River with a rustic fishing cabin. This property closed at $285,000. Jeff Reed represented Bend Golf
For the first time since 2007, spec industrial buildings are being built throughout Central Oregon. High demand, and available, affordable land makes Redmond an industrial sweet spot. A three-phase project near Redmond airport was quickly leased with reported interest in the second and third phases. Smaller spaces are being quickly consumed by craft
TEC Equipment, the West’s leading truck and trailer dealership, breaks ground this week on its newest full-service heavy-duty truck and trailer dealership, in Redmond, OR. Read more here. Adjacent parcels available. More information here.