Commercial Real Estate
The state of CRE in the Pacific Northwest
Commercial Mortgage Lending’s Dave Demcak spoke with Commercial Observer about how the retail, office and industrial markets are rebounding from the pandemic.
Signs of a pandemic recovery can be found in many sectors of commercial real estate—including industrial and retail—but office remains a trend outlier. Dave Demcak, Regional Sales Manager for Pacific Northwest & Central, Commercial Mortgage Lending for JPMorgan Chase, spoke to Commercial Observer about how these sectors are faring in his region, plus:
- Where lending activity has been the strongest, both geographically and by sector
- How rising interest rates have affected the industrial, retail and office markets
- If vacancies in the office sector are expected to continue