Partner and Principal Broker Peter May went on KBND’s Morning Podcast on November 2nd to discuss the Central Oregon commercial real estate market and the findings of the Q3 2026 Compass Points Market Report. Peter described a market that has held steady over the past two years, and talked through how interest rates, maturing loans and 1031 exchange buyers are shaping sales activity. They covered Bend’s office, retail and industrial vacancy rates, renewed interest in larger retail spaces, and why new speculative construction is difficult to pencil in today’s environment. The interview concluded with a look at Redmond’s industrial market, where new construction has pushed vacancy higher and the area continues to attract larger companies.
Listen to the full podcast here.