Read the latest news from Northwest Key

On Our Watchlist: Redmond and Surrounding Communities

Tue, 27 Jun 2023 22:22:44 GMT

On Our Watchlist: Redmond and Surrounding Communities

Most Bend, Oregon locals will readily tell you that the town has grown over the past few years. Despite national economic conditions, high-interest rates, and other marketplace factors, Bend has remained relatively insulated from national trends and continues to be a haven for new businesses, investors, and commercial real estate growth and opportunity.

In 2022, local station KTVZ reported that Bend had surpassed the 100,000 resident milestones and was hovering at around the 100,900 mark, if not higher. Since then, the popularity of the mountain ski-resort community, which now boasts a four-year college with OSU Cascades and many other attractive elements to outdoor lovers and tourists of all kinds, has only grown.

But Bend isn’t the only community in Central Oregon showing signs of growth and interest from outside the area. While the growth rate has been a bit slower, cities like Redmond, Sisters, Madras, Culver, and Prineville are also evolving quickly, and many business owners, investors, and residents are looking outside of Bend’s borders for opportunities in these smaller communities.

Growth and Opportunity in Redmond

The City of Redmond, Oregon, has seen a robust population growth of 27% in the past decade, accounting to the City of Redmond website . The city boasts a 64% employment rate, in contrast to the state average of 59.3%.

The Northwest Key team has found several opportunities for various businesses in the Redmond area, including BASX Solutions, LLC , Western States Fire Protection , Cleary Building Corp. , Inderbitzin Distributors , 360 Sierra Inc. , and eFormed Partners , for which we represented the tenant and/or the landlord.

The downtown Redmond area has been pegged as a highly desirable location for new business and will continue to be on our watchlist for clients and tenants alike.

Expansion and Affordability in Madras

With access to two major highways, an airport, affordable housing, and beautiful views, Madras, Oregon, is one of the most desirable places to enter the Central Oregon marketplace.

EDCO of Central Oregon reports that the City of Madras focuses on improving community education and offers access to a regional workforce, favorable business costs, and incentive programs for growing and relocating businesses.

Whether you’re looking for a market with less competition or desire lower upstart and operational costs for your business or investment, Madras may be the place to invest your business.

The Next Frontier in Culver and Prineville

The Prineville Chamber of Commerce openly states, "It’s better to do business in Prineville.” While many other local communities focus on affordability and lack of competition, Prineville still offers a small-town vibe and provides access to desirable features for new and expanding businesses or investors. At the Ochoco National Forest and Prineville Reservoir entrance, Prineville is a hidden gem for recreation. The city also offers incentive programs for growing and relocating businesses, local investments in education and healthcare, and access to two major highway systems; the City is a soon-to-be-discovered hidden gem for families and businesses.

Alternatively, Culver, Oregon, is listed as “one of the best places to live” in Oregon by BestPlacesToLive.net and offers easy access to surrounding cities like Redmond, Bend, and Madras. Its small population and positioning, equidistant to Madras and Bend, make it a super desirable location for families and investors.

The trends are clear: Oregon’s population is growing not just in Central Oregon but all across the state. Central Oregon News Daily recently reported, "All Oregon sectors are expected to add jobs by 2031. The leisure and hospitality sector is projected to increase the fastest and add the largest number of jobs. The projected gain of 60,100 jobs (34% growth) in leisure and hospitality is mainly driven by the recovery from the pandemic, as restaurants, hotels, and arts, cultural, and recreational establishments have seen increased demand as in-person and recreational activities resume.”

That’s why, at Northwest Key, we’re looking for opportunities in Bend and our surrounding communities.

Are you interested in learning more about our listings and expertise in commercial real estate and property management? Let’s connect .

A Look at Three Real Estate Forecasts for 2023

Thu, 02 Mar 2023 03:58:41 GMT

A Look at Three Real Estate Forecasts for 2023

At Northwest Key Commercial Real Estate, we care deeply about the way in which market trends, economic conditions, and business conditions affect our clients and tenants.

Part of this passion comes from our interest in staying abreast of current commercial real estate trends so that we can better forecast for our business, as well as for our client’s and tenants. Still, we’ve learned that if we can pay attention to where business owners, and leaders are putting their time and energy, we’ll be more able to predict how national and global trends will affect our small market here in Central Oregon.

This quarter we’re looking at three different real estate forecasts published recently to glean insights into the competitive landscape and share common themes and predictions with you!

National Trends

The article, Commercial Real Estate Investment Outlook from NASDAQ, takes a look at some of the current state of commercial real estate investing and how higher interest rates are affecting the market through the eyes of Aaron Jodka, National Director of Capital Markets Research for Colliers.

Here are the key takeaways from the interview with Aaron Jodka:

Defensive Assets Prevail: Domestically and globally, defensive assets, such as multifamily and industrial, remain a hot commodity for investors with uninvested funds.
Safe Harbor Investments : Nationally, investors are leaning toward investing in assets that fall into the safe-harbor category.
Market Stabilization: The real estate market is anticipated to stabilize in the second half of 2023, but as we’ve seen already, the first half will remain in the red.

Pacific Northwest Trends

Lloyd Low, the executive of JLL out of Seattle, shared his insights with The Registry about leasing trends in the pacific northwest after the first quarter of 2023 in the article, 2023 Outlook: Insights on Leasing in the Pacific Northwest .

Below are essential insights from the interview with Lloyd Low:

Professional Service Firms Lead the Way - With the tech and corporate office landscape changing significantly and office leasing shifting to be expiration based, one sector has remained strong – professional services firms.
Creativity and Flexibility - It’s more important than ever for leasing opportunities, owner expectations, and property management firms to stay creative and flexible in this environment.
Watch for Return to the Office - Many companies are asking employees to come back to the office full time. This will inevitably lead to a change in demand for office space, as the businesses reconfigure.

Central Oregon Trends

Cascade Business New is a leading source of news for investors, business owners, and professionals in Central Oregon. Last month, CBN shared insights about the economic forecast for the rest of 2023 from a number of local industry leaders.

Along with the overall anticipation that this year the Central Oregonians are in for a bit of a rollercoaster, here are some of the the other key takeaways from the article, Central Oregon Economic Outlook 2023: Hang on For a Wild Ride!

We’ll see continued population growth - Which will positively impact the job market for businesses, but will continue to strain the housing market, according to Josh Nehner, Economist from the Oregon Office of Economic Analysis.
Watch for growing entrepreneurial community and expanding post-secondary education system - focused on delivering relevant training, and a diverse mix of industry acceleration to help insulate Central Oregon from economic storms, according to Jon Stark, executive director of EDCO.
Look for rapid expansion of surrounding communities - Both South Deschutes County, as well as Prineville are seeing record capital investement projects, as well as rapid single-family housing expansion and growth, according to area managers at EDCO.
Office and industrial space are in demand - While other sectors have suffered, office and industrial space are still in high demand in Central Oregon.

Read the full economic outlook for Central Oregon, in this pdf version of the Cascade Business News issue, pages 11 - 22.

At Northwest Key, we will continue to follow the national and local trends closely, and although there is continued unpredictability in the commercial leasing and real estate market, we are optimistic that the Central Oregon market will continue strengthen, and grow.

Are you interested in chatting more about your leasing, commercial property management or real estate needs? Let’s talk !

2022 Central Oregon Commercial Real Estate Recap & Reflections

Tue, 06 Dec 2022 00:33:25 GMT

2022 Central Oregon Commercial Real Estate Recap & Reflections

The year is coming to a close, and we’re reflecting on 2022 with gratitude and expectancy for the new year.

2022 was a fascinating year and held a lot of surprises and unexpected turns for Central Oregon businesses and the national commercial real estate market.

In Central Oregon, commercial growth started strong, with residual gain from the economy's rebound and the commercial real estate boom of 2021. But as interest rates began to rise significantly in March, continuing throughout the spring and summer, and staying high through the fall ( according to RateInflation.com ), investors, consumers, and businesses reacted, and the market slowed.

According to the National Association of Realtors , the silver lining of elevated inflation and slowdown in the commercial real estate market is that multifamily and industrial sector properties have been leading sectors in 2022 throughout the turmoil caused by political variables and high inflation.

So with consumer confidence at a ten-year low and vacancies high, how should investors, business owners, and commercial real estate agencies react and plan for the year ahead?

Well, here at Northwest Key, we believe that the state of the market, locally and nationally, is always an important factor. Still, we also know that pivoting, retooling, and patience is part of thriving in the commercial real estate and property management industry.

Our property management renewals have shown the staying power of a good team that works hard to make sure our tenant and client needs are met in every aspect. More than 91% of our tenants chose to renew their lease and stay at their current location. Less turnover means a higher return.

Our team is stronger than ever, and we’re proud to be known as the only female owned and run commercial firm in Central Oregon. Here are some of our notable moments and wins from 2022.

Honors & Notable Moments

New Broker! Mollie Boyd gained her real estate license in May of 2022 and officially became one of our team brokers. Congratulations to Mollie!

1st Broker Deal - Mollie also closed her first brokerage deal, representing LinkUs when they moved into their space at 2505 SW 1st Street, Redmond, OR 97756.

Supporting Women-Owned Businesses - Amy Cecil and Dinah Green took the women-owned market by storm, finding space for multiple women-owned companies, including Juniper Dermatology, Lush Salon Bend , Barre3 Bend , Indigo Brides, Cascade Credit Consulting, and Brown Bag Popcorn .

We also celebrated some wonderful moments in our personal lives:

The Wedding of Bailey Cecil and Cade Arbogast! Amy Cecil, owner and principal broker welcomed a new member to the family and celebrated the marriage of her daughter Bailey, a former broker at Northwest Key.

A New Baby Green! Dinah Green, broker, and property manager at Northwest Key, welcomed her third child, Gideon Jacob Green, on March 13, 2022. Congratulations to Jacob and Dinah Green!

Bruno’s 6th Street Market

Amy Cecil helped her brother, Trevor Kalberg, and his business partner, Eric Wellman, lease a new location to open Bruno’s 6th Street Market on Bend’s Eastside on January 1, 2023. Trevor also owns Sidelines Sports Bar in Downtown Bend. Bruno’s 6th Street Market will offer hot deli items, beer, wine, and traditional market selections.

Upcoming Projects

Badger Industrial Park

Coming in quarter one of 2023, the Badger Industrial Park , owned by Francis Senger, will offer six small industrial units near the Redmond, Oregon, airport. The units are available to lease now! The park provides easy access to Highway 97 for commuting to Bend or Prineville. Secure your suite while they are still available. Contact Dinah Green at dinah@nwkeypm.com for more information.

Franklin Crossing

Currently, at our Franking Crossing Building in Downtown Bend, we have 17,000 square feet under construction and will be opening up new, fully reimagined, and renovated spaces for lease in late Spring 2023.

Commercial Real Estate Trends

In 2023, look for the following commercial real estate predictions and trends to play out in local Central Oregon, as well as the national commercial real estate market.

Reimaging Office Space is Critical - According to the Commercial Observer , getting creative and retooling office space for our clients and for your buildings will be the secret sauce of 2023. Needs, wants, and values of commercial real estate may continue to fluctuate, so get innovative!

Return to Office is Happening - Businesses have tried it, and they want their workers back in the office. Northspyre Software predicts that this will bode well for corporate space needs and is a trend to watch for in the new year.

Supply Chains will Adapt - If there’s something to look forward to, it’s this. According to Broadmark Realty Capital , according to a recent survey of their customers, they’re confident that supply chains will adapt and improve in 2023, which is promising for construction costs and general market confidence.

You can count on us to keep an eye on these emerging markets and trends. Our team at Northwest Key is committed to bringing you the best commercial real estate and property management services in Central Oregon.

Interested in learning more about our services and team? Let’s chat!

Woman-Owned Lush Salon Relocates to Larger Salon Space

Mon, 26 Sep 2022 19:23:23 GMT

Woman-Owned Lush Salon Relocates to Larger Salon Space

Lush Salon, founded by Bre Jones and Courtney Black, has served the Central Oregon community for over eight years and is considered one of the best hair and beauty salons in the area. Voted best hair salon in Bend by the Bend Source Weekly in 2019, 2020 and 2021 Lush owners and stylists Bre and Courtney are passionate about their clients, team, and the community.

In the past two years, the salon has grown to housing seven stylists. In addition to hair services, Lush also offers nails, waxing, facials, eyelash extensions, dermaplanes, chemical peels, and more. They also have a nurse injector on site. It’s a one-stop shop for all of your beauty needs.

“We started Lush salon to create a beautiful salon environment with the best stylists in the business. We feel so blessed to have grown to the degree that we have and gained such amazing support in the community,” said Bre Jones, co-owner of Lush.

Unsurprisingly, they have outgrown their current space in the Century Drive plaza. Working with Northwest Key broker, property manager, and client Dinah Green, Bre, and Courtney found the perfect location for their new and expanded salon.

In the next few months, the salon will move to Newport Terrace, at 1133 NW Wall, which is currently being remodeled by the Northwest Key team, supported by Mission Building & Renovation .

“Being a client of Bre’s for the past seven years, I’ve continually been amazed by her and Courtney’s business ethic and passion for their team, services, and clients. I was thrilled when they approached me to find their new space, and I look forward to seeing them in their new location!” Stated Dinah Green, broker at Northwest Key.

Keep an eye out for the grand opening of Lush Salon in their new space near downtown in early spring 2023. We know we’re excited about it and will be tuning in!

Northwest Key Finds Ideal Dermatology Practice Space for Dr. Karla Snider Pivik, FAAD, FAOCD

Thu, 28 Jul 2022 19:51:16 GMT

Northwest Key Finds Ideal Dermatology Practice Space for Dr. Karla Snider Pivik, FAAD, FAOCD

Located near the St. Charles Medical Complex, Juniper Dermatology is Ready to Open.

BEND, Oregon (July 25, 2022) – Dr. Karla Snider Pivik is a board-certified dermatologist with a patient-centered approach to treating dermatologic medical conditions, a specialty particularly needed in Central Oregon. Dr. Pivik is a Bend, Oregon, local. In early August, she will open the doors to Juniper Dermatology, focusing on the osteopathic philosophy: the premise that all body systems are interrelated and dependent upon one another for good health. Dr. Pivik believes excellent patient care values the person as an individual and understands the psychosocial impact of dermatologic conditions – seeking to treat the skin and the whole person. She is thrilled to return to practice in Central Oregon, where she practiced previously as a dermatologist for five years.

“For the past year and a half, I've commuted to practice in the Willamette Valley, and when I began looking for a place to set up my practice in Bend, I was thrilled to find Amy Cecil and her team,” stated Dr. Pivik. “Not only do they understand the market and the needs of business owners in Central Oregon, but their personalized approach was also exactly what I was looking for in a commercial real estate brokerage firm.”

Working with Amy Cecil and her team of brokers and property managers at Northwest Key Commercial Real Estate and Property management, Dr. Pivik found an ideal medical office space near the St. Charles Medical complex. Newly renovated and reworked, Juniper Dermatology will open its doors in mid-August and already has a waitlist of eager patients ready to see Dr. Pivik.

“It’s been such a pleasure working with Dr. Pivik and her team to find the right space and help with opening the Juniper Dermatology practice,” stated Amy Cecil, owner of Northwest Key. “We’re big fans of supporting women-owned businesses at Northwest Key, and Juniper Dermatology will fill a considerable gap in Central Oregon.”

Learn more about Juniper Dermatology and Dr. Karla Snider Pivik by visiting drkarlapivik.com .

About Northwest Key Property Management:

With 22 years of experience and a business presence in Central Oregon, Northwest Key Commercial Real Estate Property Management understands the importance of staying current on market trends and the impact of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speaks for itself. Work with us, and find out how different your property management and commercial real estate ventures can be with the NWKPM team. Learn more at nwkeypm.com .

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Get to Know Mollie Boyd, Northwest Key Property Manager

Thu, 16 Jun 2022 19:29:21 GMT

Get to Know Mollie Boyd, Northwest Key Property Manager

Mollie Boyd is the newest member of the Northwest Key team and a perfect fit for our boutique firm. Coming to the team with over 20 years of experience in the insurance industry, Mollie knows the business and understands investors’ commercial needs. She spent the last 16 years managing all aspects of a multi-million dollar insurance agency. Her role included working directly with local business owners to protect their assets and firms.

Let get to know Mollie a little better!

How did you get into the insurance field?

Like most people, I didn’t grow up dreaming of becoming an insurance broker; but once I found the industry, it felt like a natural fit. I started in the field at 20 and quickly realized it was the perfect balance of everything I value: problem-solving, analysis, and genuine connection. Insurance gave me a way to use my technical strengths to make a tangible difference — helping people, protecting what matters most to them, and building lasting relationships along the way. One of my favorite parts of this career is how every client and industry teaches me something new — it keeps the work fresh, challenging, and rewarding.

What do you feel are your greatest strengths in servicing your clients?

Over the years, I’ve learned that technical knowledge only gets you so far, it’s understanding people that makes the real difference. My approach with clients is rooted in empathy, independence, and adaptability. Every business is unique, so I don’t believe in one-size-fits-all solutions. I listen carefully, think strategically, and tailor recommendations that fit their goals and budget. I like solving complex problems in a way that feels simple and seamless to the client.

What caused you to become interested in the commercial property industry?

In 2020, I saw a natural connection between my background in insurance and the world of commercial real estate and property management. Both require attention to detail, risk awareness, and strong client relationships; just applied in different ways. I love that I now get to collaborate with business owners, help them find the right space, and support them as their operations grow. After two decades in benefits consulting, it’s been energizing to take on a new challenge that still draws on my analytical and relationship-driven strengths.

What are you most passionate about as a professional?

Integrity, trust, and experience are everything to me. I love working with people who value honesty, innovation, and independence; people who care about doing things the right way, not just the easy way. Whether it’s negotiating a lease or designing a benefits plan, I’m passionate about creating long-term partnerships built on respect and results.

How would you spend a perfect day when you’re off work?

My perfect day starts with a hike, preferably one with sweeping views that feed my soul. With two teenage daughters who are beginning to spread their wings, I’m learning to balance family time with a little more independence. I love being outdoors; hiking, paddleboarding, or reading in the sun - anything that gives me space to recharge, connect with nature, and come back to life a little fuller.

What do you love most about the Central Oregon business community?

I love that Central Oregon business owners are scrappy, loyal, and passionate. They’re resourceful, independent thinkers, a “no BS” crowd who get things done and look out for their community. There’s a work-hard, play-hard spirit here that fits me perfectly. It’s a privilege to support the people who keep this region vibrant and growing.

Now that you know Mollie a little better reach out and say hello! ��

You can connect with Mollie at mollie@nwkeypm.com or (541) 350-6656.

How Central Oregon Small Businesses are Thriving in 2022

Thu, 16 Jun 2022 19:25:13 GMT

How Central Oregon Small Businesses are Thriving in 2022

Central Oregon has become one of the fastest growing areas in the United States. According to the Bend Bulletin , a 2020 Census Bureau report stated that Deschutes County grew by 27% between 2010 and 2020, and over the past two years that number has increased to a 36.33% growth rate since 2010, according to World Population Review .

This ongoing, and increasing population growth brings with it some growing pains, but also significant opportunities and advancements to the expansion and variety of small businesses making a home in Central Oregon.

While 2020 put considerable strain on small businesses in Bend, Redmond and the surrounding communities, the challenges of the time period also produced many innovations, and positive refinements for small businesses in our region. Here are some of the ways small businesses are thriving in Central Oregon in 2022.

In the past year many business owners and consumers alike have felt the relief of lifted restrictions related to COVID-19, and are opening or re-opening their businesses at 100% capacity. Still, there are remaining trends that have taken root. Businesses that understand the value of these modifications, and take advantage of them are outshining their competition. Small business trends that went gangbusters in 2020, and 2021, and continue to thrive in Central Oregon include:

Delivery Service - Whether it’s a home goods store, restaurant or clothing boutique, owners and managers of businesses that offer delivery services have found a way to make convenience, safety, and customer satisfaction the top priority. While many will now go and visit a storefront without hesitation, it is still a valuable and thriving business strategy to also offer delivery services.

Online Services, Scheduling and Purchasing - Prior to the pandemic, forward thinking small businesses were already moving to offer more and more services and products online through website and social media storefronts, but the past few years have only made that trend more critical to success as a business. According to Money Geek , it’s not only essential to move your business online, it also allows you to harness large-scale power with a small team! Win, win.

Anticipate the Unforeseen - A big lesson all businesses were forced to learn over the past few years, and need to embrace as the business marketplace continues to change and evolve is to stay nimble and flexible. There is no business that is recession proof, or change-proof, but finding ways to adapt new technologies, processes and market developments will inevitably put your business in a position to outperform your competition.

If you are thinking of relocating, growing or launching your new business this year, let’s grab coffee and chat! The Northwest Key team is here to help you make your business plans a reality. We look forward to connecting with you.

Franklin Crossing Welcomes 6 New Tenants

Thu, 16 Jun 2022 19:14:48 GMT

Franklin Crossing Welcomes 6 New Tenants

A diverse group of tenants has moved into the open spaces in the downtown Bend Franklin Crossing building.

BEND, Oregon (June 9, 2022) – The Central Oregon business community is thriving with the influx of new companies and expanding businesses. Innovative entrepreneurs and business owners are exemplified in the latest tenants taking up residence in the distinctive Franklin Crossing building in downtown Bend. In 2022, Franklin Crossing welcomed the following new tenants to their already existing and thriving business community.

Straight Blast Gym

Brian Heenan owns Straight Blast, bringing a new twist to the Bend fitness community. With a focus on mixed martial arts and overall fitness-health. This latest occupant of the building is an exciting new addition.

ProCFO

Helping businesses strategize and outsource the financial aspects of their company, ProCFO works to be a part-time financial solution to the full-time needs of business owners. We’re excited to welcome them to the building!

FUGA Air Charter

Charter aviation just got easier. FUGA Air Charter will fly you where and when you want, in the precise aircraft suited for your particular mission and budget.

SummitWest

A leading company in environmental consulting, SummitWest’s corporate headquarters is now located in the Franklin Crossing building.

Murraysmith

A public infrastructure and engineering firm crafting the communities we live in, Murray Smith has relocated to the building as the headquarters of its Bend presence.

Neu Start Psychiatry

Neu Start Psychiatry is a welcome addition to the Central Oregon mental health community and offers compassionate patient care and medically advanced treatment.

“We’re thrilled to usher in such a diverse group of companies and services to the Franklin Crossing Building,” stated Amy Cecil, Owner and Principal Broker of Northwest Key Commercial. “Welcome, everyone!”

Read the press release in the news on the Cascade Business News website, here .

About Northwest Key Commercial Real Estate & Property Management:

With 20 years of experience in Central Oregon, Northwest Key Commercial Real Estate & Property Management understands the importance of staying current on market trends and the impact of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speak for themselves. Work with us and discover how different property management and commercial real estate ventures can be with the Northwest Key team. Learn more at nwkeypm.com .

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Woman-Owned Barre3 Bend Works with Northwest Key to Find Larger Studio Space

Tue, 12 Apr 2022 19:25:36 GMT

Woman-Owned Barre3 Bend Works with Northwest Key to Find Larger Studio Space

BEND, Oregon (April 5, 2022) – It isn’t often enough that women-owned businesses get to work together in commercial real estate. Barre3 Bend , owned by Alisha Wiater, recently announced that they would be moving to a larger and more centrally located studio space in the Old Mill District. Alisha shared the news and her excitement to have worked with broker Dinah Green from woman-owned commercial real estate and property management firm Northwest Key based in Bend, Oregon.

“Dinah was a part of our instructor team, and she is very familiar with Barre3 Bend. Yet, that did not stop her from striving to discover my needs for the studio. She listened, and I felt that she had my best interests at heart. Dinah was also there to help me imagine the future of the new studio space and assist me through the components involved in signing a new lease. Working with a female broker was empowering and allowed me to feel comfortable in the world of commercial real estate. Dinah is professional, calm, and confident,” states Barre3 Bend owner Alisha Wiater.

The team at Northwest Key, led by owner and principal broker, Amy Cecil, believes deeply in supporting other women-owned businesses and fostering a welcoming and transparent environment in the Central Oregon commercial real estate community.

“Having worked in commercial real estate for several years, as a woman broker, mentored by a woman broker, I feel impassioned to support women business owners and create an open and welcoming environment for women in our industry. It’s wonderful to see business owners like Alisha and Barre3 Bend thrive. I’m proud to have her as a client,” states Dinah Green, a broker at Northwest Key.

The renovations of the new Barre3 Bend space are now underway, and you will soon be able to visit the studio in the Old Mill District, next door to Tumalo Creek Kayak & Canoe .

You can also view the full press release on the Cascade Business News website .

Learn more about Alisha Wiater and Barre3 Bend:

Alisha took her first barre3 class in 2013 and she was instantly drawn to the challenging workout and warm community. As a regular client, she became committed to the lifestyle supported by barre3 - one of physical activity, nourishment of both body and mind, and connection to an amazing community. She jumped at the opportunity to buy barre3 Bend in 2017, eager to nurture and grow the community. When she's not in the studio, Alisha and her family are likely mountain biking, rock climbing or skiing in their Central Oregon backyard or hitting the road to explore the wider world. More information can be found at barre3.com/studio-locations/bend .

About Northwest Key Commercial Real Estate & Property Management:

With 20 years of experience in Central Oregon, Northwest Key Commercial Real Estate & Property Management understands the importance of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speak for themselves. Work with us and find out how different your property management and commercial real estate ventures can be with the Northwest Key team. Learn more at nwkeypm.com .

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Inflation and Commercial Real Estate

Thu, 10 Mar 2022 16:02:24 GMT

Inflation & Commercial Real Estate

It’s no longer speculative that inflation is rising, and the Federal Reserve is stepping in to temper the spike. We’re feeling it at the pump, in the grocery store, and with many everyday purchases. While the rate of inflation may cause concern in several business sectors, it can positively affect commercial real estate.

Let’s talk about why inflation and commercial real estate can benefit each other and why investors should be optimistic about this trend for the remainder of the year.

Inflation Hedge or Not?

There’s lots of speculation based on previous recession data and current projections that commercial real estate can be a hedge against inflation. In a recent article from NAIOP , the Commercial Real Estate Development Association, the theory is sound as long as investors can secure or have already secured financing for the commercial real estate properties and investments at a set low-interest rate. The property value will rise, and yet their rates will not. In terms of the overall market, the hedge-against-inflation theory is still speculative, especially since rates have not risen so sharply since the recession in the early to mid-1970s. Still, our sources are optimistic about the likelihood that commercial real estate will remain relatively stable in the next twelve months.

Demand for Leased Space.

Considering that commercial real estate investments are one of the best stabilizing options for investors during times of inflation, it also makes sense that the leases within those commercial properties will become more profitable, and the demand for leased space will likely go up. In a recent Forbes article on the topic, they state that “In dense real estate markets and commercial centers, high demand and limited supply contribute to the appreciation of prices for real estate, which is positive for investors. So, if the price increases are more than the inflation rate, the relative return stays mostly positive.”

Staying the Course.

Above all, this is not the first time in history that a period of high inflation has occurred, and it won’t be the last. Our owner and principal broker, Amy Cecil, has been in commercial real estate and property management for the past two decades, and her perspective is grounded in this currently reactionary marketplace.

In the late 70s, and early 80s investors raised concerns about their assets and business owners felt the burden of higher lease rates, but the lessons from that time apply today. Stay the course with your business or investment, and do not let the inflation-driven market sway your plans!

Are you interested in a property lease or commercial property for sale? Let’s chat !

Commercial Real Estate 2022 Forecast: Bend and Beyond

Wed, 09 Feb 2022 16:26:53 GMT

Commercial Real Estate 2022 Forecast:

Bend and Beyond

There’s reason to feel optimistic about the commercial real estate market in 2022, and it’s not just because we’re looking at the marketplace with rose-colored glasses – we promise!

Despite continued uncertainty with public health, the changing workforce dynamics, and a sluggish year for commercial in 2021, all signs point to steady recovery and several booming sectors in 2022. So let’s dig into what we’re hearing from our industry leaders.

Supply & Demand

With many businesses in the service sector reopening and reorganizing to welcome back in-person customer service, the e-commerce boom of 2021 will likely slow, which according to the 2022 Forecast Report from CBRE , will give supply a chance to catch up with demand.

In the Central Oregon market, we’re seeing returned confidence and intent from businesses offering services as well. Demand for accessible space is up, and many companies who waited to open, relocate or expand during 2021 are now ready to proceed.

Return to the Office

While it’s likely that a remote hybrid office environment will remain moving forward, many companies and employees are ready to get back into the office, at least part-time. With increased access to rapid testing for Coronavirus, an upsurge in demand for group collaboration, and access to space away from home, companies are dusting off their desks conference rooms and looking forward to creating a new hybrid work environment for employees and customers. Forbes predicts that the drive for office space will continue to rise, but how that space is utilized will change to embrace flexibility and hybrid options.

Mixed-Use Development

In the Bend, Oregon market, we expect to see continued growth and expansion of new mixed-used developments and redevelopment of existing spaces to accommodate the rapid growth of the community, housing needs, and business expansion in our market. Cascade Business News, noted in a recent article featuring the Hooker Creek development near Old Mill District, “The proposed development will align with the goals and objectives laid out in the Core Area Plan adopted by the City of Bend in 2020 to address four of the city’s nine opportunity areas — areas suitable for new growth as identified in the Comprehensive Plan. The long-term plan is focused on creating a connected community and integrating emerging mixed-use districts with more established areas of the city.”

Multifamily Comeback

According to JP Morgan and Chase’s recent article on the 2022 Commercial Real Estate Market Forecast , multifamily numbers have emerged stronger than ever in the new year. With a fourth-quarter vacancy rate at 4.7% at the end of 2021, lower than it was at the end of 2019, there’s reason to believe the comeback will continue throughout this year.

The commercial real estate forecast for 2022 is filled with opportunities, optimism, and a focus on investment in the future. Stay tuned as our team at Northwest Key monitors and reports on the industry throughout the year.

Are you looking for office space or a location for your growing business? Our brokers are ready to help!

Contact a Northwest Key broker, and let’s schedule a time to discuss your needs.

Year in Review: What 2021 Has Taught Us

Tue, 09 Nov 2021 16:37:23 GMT

Year in Review

What We Learned in 2021

Remember back in 2020 when we all thought things would normalize in 2021? Well, we’re now looking back on the past year with the realization that, yes, in fact, some things have remained, some things have normalized, and some things have adapted into a new normal, especially in the commercial real estate market.

Looking back, we’ve learned a lot in 2021! As a company, Northwest Key is proud of our team’s work and impressed with how the commercial real estate industry and our clients adapted to the new and evolving business world.

On a large and small scale, Here are some of our key learnings for the year, and predictions for the coming year.

Remote or Hybrid Office Model Changed Corporate

According to Forbes , the remote work trend, or hybrid model will continue in 2022. We’ve seen a number of our tenants, and clients adapt smoothly to this trend in 2021, and with the predictions ahead, we’re confident that this trend will continue in the coming year.

Favorability to Commercial Borrowers

2021 was a favorable year for commercial borrowers, and we did see many investors benefit from the Federal Reserve’s commitment to keeping interest rates low. This trend is also likely to continue in the near future since the market is still recovering from the recession, and therefore it is a good time to invest in your commercial goals!

Change Expected for Retailers

Trends show that e-commerce businesses will continue to boom in 2022, and many retailers will move more of their products online due to the high demand for digital products and no-contact product options. According to CBRE there is an expected 29% jump in demand for more retail storage space and e-commerce accommodation in the coming year.

Our Team Grew!

In 2021, we stayed busy as a team, and worked diligently to lease open space, and serve our tenants and clients in the best way possible.

On a company level, we are pleased to see our team mature and grow. Dinah Green, came into her own as a property manager and broker, placing multiple tenants in local office space, and working on commercial property deals with principal broker Amy Cecil. Our team also welcomed Mollie Boyd, who jumped right in and is a perfect fit as our newest commercial property manager.

We’ll continue to serve the Central Oregon community and our clients with commitment and competency in 2022. We’re looking forward to it!

Do you want to connect and talk about your commercial real estate goals for the coming year? Send us a message , and let's chat!

Get to Know Mollie Boyd, Northwest Key Property Manager

Thu, 04 Nov 2021 22:39:54 GMT

Get to Know Mollie Boyd, Property Manager at Northwest Key

Let get to know Mollie a little better!

How did you get into the insurance field?

Like many professionals, I didn’t dream of being an insurance broker when I grew up. ��

But I “landed” in the insurance field when I was 20-years-old and immediately found it a good fit. I felt like it was a natural in the industry. I could use my technical and analytical strengths while utilizing my desire to help people, care for them, and make a difference in the community. I have met many different people and learned how the industries they are passionate about function, which is so fun!

What do you feel are your greatest strengths in servicing your clients?

I have developed skills in my professional career that have helped me understand and help my clients better; these include empathy, independence, and recognizing that each client has different needs. I also hold a firm belief that a one-size-fits-all approach to servicing clients doesn’t work. Being able to quickly adapt and think outside of the box and find solutions tailored for each client is the key to my approach in client services.

What caused you to become interested in the commercial property industry?

In 2020, I recognized a similar opening in the commercial real estate and property management industry. I could meet all different business owners and help them find a space or services their needs in their current location as tenants. After 20 years in my previous profession, it is exciting to meet a new but similar challenge. I love that in commercial property management, I can help our clients showcase their industry or specific business while also using my technical and analytical strengths.

What are you most passionate about as a professional?

I am passionate about being someone and working with people who value integrity, trust, experience, discretion, innovation, and independence.

How would you spend a perfect day when you’re off work?

I’d start with a mountain hike. Of course, gorgeous views are a must because I annoyingly identify as a #fakephotographer. Hehe! ��

I’d follow that up with an afternoon spent in the sun on a kayak, or a sailboat, at one of the Cascade Lakes, in beautiful Central, Oregon. In case you can’t tell, I’m obsessed with being outdoors. It’s my happy place!

What do you love most about the Central Oregon business community?

I LOVE that Central Oregon business owners are traditionally scrappy, loyal, passionate, and independent. They’re a ‘no BS’ group, and I enjoy working with them. The Work hard, play hard mentality is my favorite part of living and working in greater Bend.

Now that you know Mollie a little better reach out and say hello! ��

You can connect with Mollie at mollie@nwkeypm.com or (541) 350-6656.

Understanding the Labor Shortage in Central Oregon

Wed, 21 Jul 2021 17:06:35 GMT

Gain a Better Understanding of the Labor Shortage in Central Oregon

If you’ve been eating out, or grocery shopping in the last six months, you’ve likely noticed the slow wait times, stressed-out staff, and other effects of the labor shortage in Central Oregon.

And if you’re tuned in to the national situation, you know that this is a national issue, not just a local one. For many of our tenants in the properties managed by our team at Northwest Key , this time has created a lingering sense of urgency around hiring the right people and moving through the effects of the pandemic to a time when ‘business normalcy’ is back in place.

We feel your pain and know how difficult it can be when your staff and/or you are stretched super thin. The demand seems to be there, but the labor market hasn’t bounced back!

This quarter we’re taking a closer look at what’s causing the labor shortage and when we can anticipate getting back to business as usual in Central Oregon.

Decreasing Pool of Willing Workers

Forbes recently published an article on this topic and pointed to the undeniable shrinking pool of willing workers. Some have blamed this on the extended unemployment benefits implemented by the Federal Government during the height of the pandemic, and some pointed to a decrease in immigration visas being approved, while others have suggested that that minimum wage is below the poverty line, and needs to be raised in order to entice workers in front-line, minimum wage jobs. Read the Forbes article for more on this topic.

The Pandemic & Unemployment Benefits

It’s hard not to draw a connection between the unemployment benefits that increased in 2020, and the severe decline in available workers. And to be sure, some of what we’re seeing is a lag in businesses being able to open, and unemployment running out, but Insider wrote in a piece published recently that the labor shortage was a problem before the pandemic. The COVID 19 crisis may have just been the match that lit the fire of unwillingness. More importantly, many workers are exhausted by trying to make ends meet, working unreasonable hours at a less-than-livable wage. More on this topic is available via Insider’s article on the US labor shortage .

Locally, the Childcare Deficiency Matters

According to Central Oregon Childcare , before the pandemic, one in three children was in need of a childcare spot in Central Oregon. By their estimate, that number has only increased. If you are a parent with young children in Bend or a surrounding area, then you know firsthand how challenging it is to find childcare in this market. At least locally, it is reasonable to factor the childcare crisis in our area into the equation as to why some working families are choosing to stay home, rather than go back to work -- they just can’t afford it, or can’t find the needed care!

This may sound bleak, but there are things you can do now for your small business, whether you’re a tenant with a restaurant, coffee shop, boutique, or another customer-facing storefront, or a property owner trying to support your tenants.

Develop Community Partnerships

Partnering with the Bend Chamber of Commerce , EDCO , or Opportunity Knocks -- along with other community organizations can help immensely with your recruitment efforts. Your effort can be doubled by their network and recruitment efforts on your behalf.

Raise Wages and Decrease Roles

One tactic that may help you combat the lack of labor can be to combine roles and raise wages for one role, instead of two. Of course, this doesn’t work for all types of organizations, but it may be a good stop-gap solution for your business until there is more clarity around the future of labor for customer-facing companies.

Get Automated

The more you can automate your business, the more efficient it becomes. With the shortage being what it is in the labor market, automation can be a good (at least short-term solution).

Here’s a great article from Venture Harbour on How to Automate Your Business in 5 Steps .

As ever, we are here to support and partner with you in your business, and property ventures. Please let us know how we can help!

Sincerely,

Dinah Green

Broker and Property Manager

Northwest Key Commercial Real Estate & Property Management

There’s a Fresh Atmosphere in the Distinctive Franklin Crossing Building

Fri, 04 Jun 2021 13:43:04 GMT

With the change in how businesses are utilizing commercial space,

Franklin Crossing in downtown Bend has emerged as a leader.

The Coronavirus pandemic has effectively changed the way businesses and corporations manage their teams, businesses, and office space.

In late 2020 and early 2021, the Franklin Crossing building in downtown Bend, Oregon, experienced a considerable shift in tenancy. Some tenants closed their doors due to the pandemic’s toll, and others downsized or moved to accommodate their now ‘mostly remote’ teams. That transition has led to revitalizing the building to welcome businesses and industries of all different shapes and sizes.

“We knew we needed to shift how we were seeking to fill the space for our clients in some of the larger and historically corporate-focused buildings in Bend. And the shift in our focus has welcomed a new atmosphere and opportunity in Franklin Crossing for small businesses, retail shops, lifestyle companies, and startups,” stated Amy Cecil, Owner and Principal Broker of Northwest Key Commercial.

In 2021, Northwest Key welcomed Backporch Coffee Roasters , Peterson Contemporary Art into first-floor street-facing spaces of the building, and companies like Viam Robotics and Johnson Benefit Planning, into spaces on other floors of Franklin Crossing. The building is no longer only the stomping ground of companies who need cubicle space but a vibrant environment for startups like Viam Robotics , a team of engineers creating robotics foundations for our future world.

If you haven’t been in to grab a coffee from the new Backporch in Franklin Crossing or to check out spaces, it’s worth stopping by. Who knows, maybe you’ll find the perfect space for your growing business there.

Read our full press release announcement in Cascade Business News .

Bend’s Commercial Lease Market is Evolving

Tue, 04 May 2021 16:24:56 GMT

Central Oregon Market Improves

It’s likely you do not need to be reminded that when COVID 19 hit the business world a little over a year ago, it turned the commercial real estate industry upside down.

Fast forward to Quarter Two in 2021, and many of you are still suffering the aftermath, re-framing your business and investment goals, and asking, “what’s next?”

Since commercial property management and real estate are our areas of expertise at Northwest Key, we’d like to take a look with you at how we’re seeing the Commercial Leasing Market in Bend and throughout Central Oregon evolve right now.

Office and Corporate Space

To say the corporate and office work environment changed last year is a huge understatement. Most businesses and companies with an office staff went from working in the office to working from home overnight! Over time this shift created a dynamic change where CEO’s and owners realized they just didn’t need as much space. Subsequently around 25% of businesses reduced their office space at the end of 2020. But as time has progressed into 2021, many people are starting to feel the drag of working from home. Yes, it’s more flexible than being at an office, and productivity of staff can remain relatively stable; however, many workers, teams and leaders are missing the routine of what office life can bring. In addition, a number of our clients are looking to rethink the office format to work with both in-office and work-from-home employees. For example, the bullpen format works well. Desks can be spaced per COVID-safe regulations where teams can still meet. Many can continue to work from home when needed or rotate with other employees. Read more national statistics about office space from JLL Research.

Activity and Fitness Space

The strain on exercise and activity businesses during 2020 and quarter one of 2021 has been immense. Too many have had to close their doors. The ones who have managed to stay afloat have had to reconfigure their space to accommodate COVID regulations, such as moving classes outdoors or to a virtual environment. As regulations ease, businesses will again be looking for spaces their clients can workout in a group setting. According to a recent survey from MindBody Fitness, 58% of consumers are more comfortable going back to working out in a boutique fitness studio than in a multi-plex gym. The camaraderie and motivation of working out in a group are still desired, but our general comfort with group settings indoors has changed since the pandemic. This is an opportunity for fitness companies to rethink their format, space, and offerings!

Restaurants are Still Suffering

More than 110,000 eating and drinking establishments closed in 2020, according to Fortune Magazine. In Central Oregon, the outlook has been stark. With continued restrictions and rising Covid case counts, it has been a game of stopping and starting over and over again for many establishments. It‘s difficult to keep staff and even harder to predict the future. That’s why we have partnered with a number of our property owners and tenants to assist with applying for grants offered through the State of Oregon to provide relief for their struggling food and beverage businesses.

Business Oregon is currently offering round two of Rent Relief Grants for commercial businesses through May 6th. Our team at Northwest Key assisted a number of our clients with these applications in round one, and we were awarded a grant for two of our restaurant tenants and one fitness facility.

If you are interested in applying for a grant, or providing this information to your tenants, visit oregon4biz.com for more information.

What’s to Come?

The outlook for the commercial lease market is bound to change over the next 12 months, but here are a few ideas to keep in mind:

Look outside of Bend proper - If you’re looking for space and cannot find it in Bend, take a look at surrounding areas. Redmond’s commercial interest is on the rise according to The Source. As Bend grows, so will surrounding areas, and that space could be more accessible for you!

Look to digitally adapt - Regardless of an economic rebound, the pandemic has caused the entire business world to lean more on technology. Whether you’re creating a bullpen style office space or fitness studio environment that accommodates in-person and online classes, get comfortable with utilizing digital options to thrive.

If you’re looking for property in Central Oregon, we’re the team for you! At Northwest Key, we believe in a personalized approach to commercial real estate and property management. That’s why your broker will also be your property manager. We’ll be with you every step of the way -- and beyond that!

By Amy Cecil, Owner and Principal Broker, Northwest Key

Introducing a BRAND NEW Look for Northwest Key

Tue, 16 Feb 2021 17:45:34 GMT

Introducing a BRAND NEW Look for
Northwest Key

Northwest Key Commercial Real Estate and Property Management Refreshes their website, logo, and look!

BEND, Oregon (February 16, 2021) – Amy Cecil, founder and principal broker of Northwest Key Commercial Real Estate & Property Management, has been serving the Bend and Central Oregon Community for 20 years. In honor of this milestone, Amy has elected to expand the brand.

Part of this development included hiring two new brokers to her team and revamping the branding for Northwest Key in order to better serve the fast-growing Bend, Oregon, business marketplace.

The team at Northwest Key is thrilled to introduce a new logo, website, and name for the business to upgrade and further expand the company.

“I’ve been proud to be an active member of the commercial real estate and property management network in Bend for the past 20 years,” stated owner, Amy Cecil. “This evolution of our boutique firm to grow our team and refresh our branding is a natural and exciting step for us. We look forward to working with you!”

About Northwest Key Commercial Real Estate & Property Management:

With 20 years of experience and a business presence in Central Oregon, Northwest Key Commercial Real Estate & Property Management understands the vital importance of staying current on market trends and the valuable impact of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speaks for itself. But don’t take our word for it. Work with us and find out how different your property management and commercial real estate ventures can be with the Northwest Key team. Learn more at nwkeypm.com .

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Franklin Crossing Building Welcomes Backporch Coffee

Tue, 19 Jan 2021 18:31:47 GMT

The local roastery and Bend favorite for designer coffee expands into a landmark downtown location!

BEND, Oregon (December 21, 2020) – Backporch Coffee Roasters, one of the Bend, Oregon community’s beloved coffee houses has opened its doors in the iconic Franklin Crossing building located in the heart of downtown Bend.

Northwest Key Commercial Real Estate & Property Management brokered the lease between Backporch and the owners of the building.

“We were absolutely thrilled when Backporch approached us to move into the first-floor space in the Franklin Crossing building. They are such a perfect fit for the property, and a great addition to downtown. Our other tenants can now look forward to superb coffee right next door or just downstairs,” said Amy Cecil, owner and principal broker at Northwest Key.

The Franklin Crossing building is a prime location for retail businesses, corporate offices, startups, and boutique firms to make their home. With access to downtown restaurants, shopping, and just a stone’s throw from Drake Park, it’s the ideal location for companies looking to expand or relocate to the heart of the Bend. Contact Amy Cecil, at Northwest Key for more information on open office space, and details about the location, at amy@nwkeypm.com.

About Northwest Key Property Management:

With 20 years of experience and a business presence in Central Oregon, Northwest Key Commercial Real Estate & Property Management understands the vital importance of staying current on market trends and the valuable impact of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speaks for itself. But don’t take our word for it; work with us and find out how different your property management and commercial real estate ventures can be with the Northwest Key team. Learn more at nwkeypm.com.

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Northwest Key Leases Space for Boys & Girls Club of Bend

Mon, 04 Jan 2021 18:13:17 GMT

Broker waves fee to represent a local nonprofit and church!

BEND, Oregon (November 23, 2020) – It’s not every day that a commercial real estate firm will wave its brokerage fee for a good cause. But that’s just what Northwest Key Commercial Real Estate & Property Management did for Dinah Green, their licensed broker, when she took on representing the Boys & Girls Club of Bend , as they worked to lease their gym on a conditional basis.

The result? Within a few weeks, a deal was signed between the Boys & Girls Club and Journey Church, looking for a second location to accommodate their growing congregation and the social distancing requirements put in place due to the Coronavirus pandemic. It was a win-win deal for everyone.

Dinah Green joined Northwest Key in September of 2019 and achieved her commercial real estate license in May of 2020. She quickly jumped in and began providing value under the mentorship of Amy Cecil, the firm’s owner, and principal broker. The Boys & Girls Club lease was one of Dinah’s first accomplishments as a broker. She represented Executive Director of the Club, Julianna, and Jon Welter, the Executive Pastor at Journey Church, to execute the lease.

“I am on the board of the Boys & Girls Club of Bend, and I know how critical it is for the organization to stretch their budget each year -- especially in the current climate. I was honored to work with both organizations on this lease and grateful to Northwest Key for waving the fee to do so! We found such a perfect fit for the space in Journey Church, and it was wonderful working with both parties in such an efficient way.”

About Northwest Key Property Management:

With 20 years of experience and a business presence in Central Oregon, Northwest Key Commercial Real Estate & Property Management understands the vital importance of staying current on market trends and the valuable impact of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speaks for itself. But don’t take our word for it; work with us and find out how different your property management and commercial real estate ventures can be with the Northwest Key team. Learn more at nwkeypm.com .

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Northwest Key Property Management Expands & Welcomes Two New Brokers

Thu, 01 Oct 2020 22:34:45 GMT

Contact:

Elisabeth Thomas, PR Representative

541-749-0557 / lis@summarycontent.com

For immediate release

Press Release

Northwest Key Property Management Expands & Welcomes Two New Brokers

Expanding its property management and commercial real estate brokerage offerings, Northwest Key Property Management is on a path for growth!

BEND, Oregon (October 1, 2020) – The Bend Oregon community and surrounding areas are growing rapidly, and with the higher population density, the demand for residential property has hit an all-time high. With this growth comes the need for commercial real estate and property management support at a level not seen before in Central Oregon.

Northwest Key Property Management, owned and operated by principal broker, Amy Cecil, has served the business community of Bend, Oregon, and the surrounding areas for the last 20 years. While the firm has historically been focused primarily on property management, it has built a trustworthy reputation offering full-service, personalized support to its clients for both management of their properties and brokerage services. The firm holds a boutique feel, paired with the experience and reputation that has positioned them well to grow!

In the past year, Amy Cecil brought on two new employees to help support the company and its client-base. She is happy to announce new team members, Dinah Green and Bailey Cecil, who have both passed their commercial real estate brokerage exams and received their licenses. Dinah and Bailey will be working under the Northwest Key blanket with Amy Cecil’s mentorship to broaden the firm’s commercial real estate and property management coverage and to help support the growing business community in Central Oregon.

“We work hard at Northwest Key, and the firm’s reputation and growth have been a labor of love for me and my small team over the past 20 years,” stated Amy Cecil. “I am absolutely thrilled to welcome my daughter, Bailey, and Dinah Green to the team. Both bring support and complementary skill sets to our close-knit and capable company. We look forward to serving the community in an expanded capacity!”

About Northwest Key Property Management:

With 20 years of experience and a business presence in Central Oregon, Northwest Key Property Management understands the vital importance of staying current on market trends and the valuable impact of fostering long-term business relationships in the community. The long-standing roots and reputation of Northwest Key speaks for itself. But don’t take our word for it, work with us, and find out how different your property management and commercial real estate ventures can be with the NWKPM team. Learn more at nwkeypm.com.

Read the latest news from Northwest Key

On Our Watchlist: Redmond and Surrounding Communities

On Our Watchlist: Redmond and Surrounding Communities

Growth and Opportunity in Redmond

Expansion and Affordability in Madras

The Next Frontier in Culver and Prineville

A Look at Three Real Estate Forecasts for 2023

A Look at Three Real Estate Forecasts for 2023

National Trends

Pacific Northwest Trends

Central Oregon Trends

2022 Central Oregon Commercial Real Estate Recap & Reflections

2022 Central Oregon Commercial Real Estate Recap & Reflections

Honors & Notable Moments

We also celebrated some wonderful moments in our personal lives:

Upcoming Projects

Commercial Real Estate Trends

Woman-Owned Lush Salon Relocates to Larger Salon Space

Woman-Owned Lush Salon Relocates to Larger Salon Space

Northwest Key Finds Ideal Dermatology Practice Space for Dr. Karla Snider Pivik, FAAD, FAOCD

Northwest Key Finds Ideal Dermatology Practice Space for Dr. Karla Snider Pivik, FAAD, FAOCD

Located near the St. Charles Medical Complex, Juniper Dermatology is Ready to Open.

Get to Know Mollie Boyd, Northwest Key Property Manager

Get to Know Mollie Boyd, Northwest Key Property Manager

How did you get into the insurance field?

What do you feel are your greatest strengths in servicing your clients?

What caused you to become interested in the commercial property industry?

What are you most passionate about as a professional?

How would you spend a perfect day when you’re off work?

What do you love most about the Central Oregon business community?

How Central Oregon Small Businesses are Thriving in 2022

How Central Oregon Small Businesses are Thriving in 2022

Franklin Crossing Welcomes 6 New Tenants

Franklin Crossing Welcomes 6 New Tenants

Straight Blast Gym

ProCFO

FUGA Air Charter

SummitWest

Murraysmith

Neu Start Psychiatry

Woman-Owned Barre3 Bend Works with Northwest Key to Find Larger Studio Space

Woman-Owned Barre3 Bend Works with Northwest Key to Find Larger Studio Space

Inflation and Commercial Real Estate

Inflation & Commercial Real Estate

Inflation Hedge or Not?

Demand for Leased Space.

Staying the Course.

Are you interested in a property lease or commercial property for sale? Let’s chat !

Commercial Real Estate 2022 Forecast: Bend and Beyond

Commercial Real Estate 2022 Forecast:

﻿ Bend and Beyond

Supply & Demand

Return to the Office

Mixed-Use Development

Multifamily Comeback

Year in Review: What 2021 Has Taught Us

Year in Review

What We Learned in 2021

Remote or Hybrid Office Model Changed Corporate

Favorability to Commercial Borrowers

Change Expected for Retailers

Our Team Grew!

Get to Know Mollie Boyd, Northwest Key Property Manager

Get to Know Mollie Boyd, Property Manager at Northwest Key

How did you get into the insurance field?

What do you feel are your greatest strengths in servicing your clients?

What caused you to become interested in the commercial property industry?

What are you most passionate about as a professional?

How would you spend a perfect day when you’re off work?

What do you love most about the Central Oregon business community?

Understanding the Labor Shortage in Central Oregon

Gain a Better Understanding of the Labor Shortage in Central Oregon

Decreasing Pool of Willing Workers

The Pandemic & Unemployment Benefits

Locally, the Childcare Deficiency Matters

Develop Community Partnerships

Raise Wages and Decrease Roles

Get Automated

Dinah Green

There’s a Fresh Atmosphere in the Distinctive Franklin Crossing Building

Bend and Beyond

Introducing a BRAND NEW Look for
Northwest Key