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
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