Looking Forward

Record-Breaking Start. What's Next?

Currently 85 properties on the market or pending with over $174M sold YTD.
Strongest Q1 in company history - 24 transactions totaling over $137M.
NW remains one of the tightest regions in the country.
- Construction costs highest in the country
- Political barriers to entry and availability of developable land
- Development pipeline and increase number of jobs
- Spreading out of urban a positive overall
- Generational ownership with low basis
For all but the worst vacancies, there are two tenants for each vacancy.
- Amazon, Chick Fil A, Chipotle, Dutch Bros, Hobby Lobby, Dollar General, Tractor Supply, Burlington, Grocery Outlet, Fitness Expansion, Harbor, Coastal
Restaurants that had threatened to close are now looking at potential expansion options.