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Businesses Looking To Relocate To Central Oregon

BEND, OR -- Commercial real estate has some bright spots in Central Oregon in the COVID-19 economy. Pat Kesgard of Compass Commercial real estate says businesses in urban areas like, Portland, Seattle and L.A. are moving here to avoid stringent pandemic restrictions, and, in some cases, issues related to the demonstrations. Kesgard says they’re having a hard time keeping up with the demand. Multi-family housing is also a big draw for investors. He says, however, restaurant and retail properties are still a question mark. He says most businesses are managing rent payments, which is good sign.

 

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