Partner and broker Pat Kesgard recently spoke on KBND’s Morning Podcast to discuss the changes in the Central Oregon commercial real estate market. Although office space suffered at the beginning of COVID, it has stabilized over the past year with asking rates between $1.70-$2.15/SF. Central Oregon’s popularity for office and retail spaces continues to increase. He also discusses potential changes to the 1031 Exchange.
Listen to the full podcast here.