At Northwest Key Commercial Real Estate, we care deeply about the way in which market trends, economic conditions, and business conditions affect our clients and tenants.
Part of this passion comes from our interest in staying abreast of current commercial real estate trends so that we can better forecast for our business, as well as for our client’s and tenants. Still, we’ve learned that if we can pay attention to where business owners, and leaders are putting their time and energy, we’ll be more able to predict how national and global trends will affect our small market here in Central Oregon.
This quarter we’re looking at three different real estate forecasts published recently to glean insights into the competitive landscape and share common themes and predictions with you!
The article, Commercial Real Estate Investment Outlook from NASDAQ, takes a look at some of the current state of commercial real estate investing and how higher interest rates are affecting the market through the eyes of Aaron Jodka, National Director of Capital Markets Research for Colliers.
Here are the key takeaways from the interview with Aaron Jodka:
Lloyd Low, the executive of JLL out of Seattle, shared his insights with The Registry about leasing trends in the pacific northwest after the first quarter of 2023 in the article, 2023 Outlook: Insights on Leasing in the Pacific Northwest.
Below are essential insights from the interview with Lloyd Low:
Cascade Business New is a leading source of news for investors, business owners, and professionals in Central Oregon. Last month, CBN shared insights about the economic forecast for the rest of 2023 from a number of local industry leaders.
Along with the overall anticipation that this year the Central Oregonians are in for a bit of a rollercoaster, here are some of the the other key takeaways from the article,
Central Oregon Economic Outlook 2023: Hang on For a Wild Ride!
Read the full economic outlook for Central Oregon, in this
pdf version of the Cascade Business News issue, pages 11 - 22.
At Northwest Key, we will continue to follow the national and local trends closely, and although there is continued unpredictability in the commercial leasing and real estate market, we are optimistic that the Central Oregon market will continue strengthen, and grow.
Are you interested in chatting more about your leasing, commercial property management or real estate needs?
Let’s talk!