When COVID hit Central Oregon in April of 2020, commercial real estate in Central Oregon was impacted. Most lease negotiations came to a halt, and many sales transactions were delayed, terminated or put on hold. Miraculously, the impact was short-lived, and by the beginning of the third quarter of 2020, the Bend commercial market was back to the pre-COVID norm. The fourth quarter was above the previous year’s activity, and that positive trend has continued to rise through 2021. Discover how each industry was impacted in this edition of Compass Points.
Plus, get an overview of the Central Oregon commercial real estate market including quarterly vacancy and absorption data, leasing and sale activity, rental rates, construction projects and more.
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