A coming mini-boom in Commercial Property ??

This would be welcome news in Clark County to many if it is the case.   Bill Connerly an esteemed economist with his roots across the river in Portland wrote in his March blog  about an upcoming Mini-Boom in Commercial Real Estate.  He lays out a good case that gradually the economy is expanding and will eventually absorb our current vacancies, and that because of the lack of lending by banks, minimal levels of new construction are in the piepline.  Eventually supply will shrink and drive net operating income, and the demand for new space will follow.  He did not place a timeline on this however.

About 

Jim West is a Commercial Realtor in Vancouver Washington. His specialty is helping local companies Stop Leasing! and Own their business property. He also works as a Tenant Representative - assisting companies to locate and negotiate a successful Lease for their business operations. He has a public workshop series called Commercial Property Success Series.

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