Magazine article Journal of Property Management

Regional Outlook

Magazine article Journal of Property Management

Regional Outlook

Article excerpt

NORTHWEST / San Francisco / Seattle / Portland / Anchorage

ANCHORAGE ALASKA WEATHERS DROP IN OIL PRICES

From a slew of new restaurants and outlet malls to a national beauty products retailer and an indoor artisan market, commercial real estate remains in high demand in Anchorage. The vacancy rate for retail space continues to decline. Major influencers in 2015 will be the new Alaska marijuana business, two proposed outlet malls and several more national retailers that are eyeing expansion in An- chorage.

Laura Cantrell, CPM

Managing Broker, Wiley Brooks Company, Inc.

Anchorage

SAN FRANCISCO HOUSING SHORTAGE IN SAN FRANCISCO

"Our biggest challenge is our war for talent and being able to house this talent. Builders are starting up housing projects in the far reaches of the Bay Area. However, the drive to urban living is what is different than 15 years ago. The smart developers are building where transit hubs exist, and inner city redevelopment is under way in San Fran- cisco, Oakland and San Jose."

Steven M. Ring, CPM, RPA, LEED-AP

Managing Director, Northern California Investor Services, Cushman & Wakefield

San Francisco

PORTLAND CANCER RESEARCH GIVES PORTLAND A BOOST

"Portland is trending favorably in all product types. …

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