Central Oregon Commercial Real Estate

Commercial real estate has become more available across Central Oregon in the last financial quarter, but is still in a comparable position as last year. Overall increases in inventory for Central Oregon commercial real estate spaces has seen a vacancy rate increase of just under 2%. That’s significant enough to mean savings if you’re in the market for commercial real estate, but not so significant to signal a panic or full blown recession. The Bend and Redmond markets saw similar increases in vacancy in industrial and retail spaces, but the Redmond market is still extremely competitive.

Even with increases there are less than 40,000 square feet of industrial space available in Redmond. If you’ve been looking for property in the area, this may be the time to jump on it. If you’re looking for Central Oregon commercial real estate, I’d love to help you find the right property for your next venture. This is a great time to invest in commercial real estate for use or resale, because the market is slightly depressed. Buyers have a bit more leveraging power for industrial and retail property due to the slightly low demand. Property values are holding, but deals are available to the discerning buyer.

I have extensive experience with Central Oregon commercial real estate, as a real estate agent and a small business owner. I have almost a decade with Windermere Real Estate and my background, education and passion for this area give me an edge. If you’re looking to buy, sell or lease commercial property in Central Oregon, I am ready to help you make the right decisions. Call or email me today for more information. I can’t wait to help you with your next commercial real estate venture.

Learn More