FEATURED PROPERTIES

Nirschl Investments 272426.jpg Nirschl Investments Nirschl Investments Flyer aerial map.JPG

For Lease - Nirschl Investments
3905 - 4305 Auburn Way N
Auburn WA 98002
$ 0.11 - $ 0.11

Asset Class: Retail
Total Bldg SF: 18,062
Total Land SF: 435,600

For Lease - Nirschl Investments
3905 - 4305 Auburn Way N
Auburn WA 98002
$ 79.20 - $ 79.20

Asset Class: Retail
Total Bldg SF: 18,062
Total Land SF: 435,600

For Lease - Nirschl Investments
3905 - 4305 Auburn Way N
Auburn WA 98002
$ 0.08 - $ 0.08

Asset Class: Retail
Total Bldg SF: 18,062
Total Land SF: 435,600

For Sale - Nirschl Investments
3905 - 4305 Auburn Way N
Auburn WA 98002
$ 9,770,000

Asset Class: Retail
Total Bldg SF: 18,062
Total Land SF: 435,600

For Sale - 1627 N Linder Rd
1627 N Linder Rd
Meridian ID 83646
$ 1,450,000

Asset Class: Land
Total Bldg SF: N/A
Total Land SF: 80,717

Contact: Arvin Vander Veen, SIOR
Colliers International WA, LLC

Contact: Arvin Vander Veen, SIOR
Colliers International WA, LLC

Contact: Doug Nirschl
D.B. Nirschl Inc

Contact: Arvin Vander Veen, SIOR
Colliers International WA, LLC

Contact: Lew Manglos
Colliers International Idaho - Boise

ESSENTIAL CRE TOOLS TO HELP YOU MAXIMIZE YOUR SUCCESS


The Commercial Brokers Association (CBA) is a powerful association of commercial real estate brokers dedicated to developing the knowledge and skills of our members, increasing their success, and raising the standard of practice. Our member-owned cooperative provides market research, listings services, legal contracts, networking and education opportunities, association management services, industry lobbying, and arbitration to brokers and professionals in CRE-associated industries in the Pacific Northwest.

Our membership includes top commercial real estate influencers and companies in the regions we serve.

Brokerage Firms | Brokers | Appraisers | Affiliate CRE Organizations

 


4,600+

 

Broker and Affiliate Members and Growing 

125,000+

 

Researched Commercial Property Records in Washington & Idaho

 13,000+

 

Active Listings in Washington and Idaho

 

34,000+

 

Sale comparable records (CBAcmas) gathered over 20 years in King, Pierce, Snohomish, Thurston, Kitsap, & Spokane counties

1,300+

 

Member Firms and Offices Represented

 

100+

 

Standard Contracts and Forms Available with Membership


 

OUR SERVICES

 

Research & Listings

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Member Network

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CBAcma

Association Management

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JOIN NOW

 

We welcome the opportunity to discuss how CBA's services can benefit you.  

Please feel free to call CBA's Member Services at 425-820-3348 or 1-800-275-2522 for additional information.

 

MEMBER NEWS

JOIN US FOR CBA'S 2021 ANNUAL MEETING on March 5th 

 

Meet and greet the CBA Board of Directors and hear from our leadership about the state of your association and CBA's goals and plans for 2021.

 

Agenda:

  • Board Chair Introduction & Comments

  - 2021 Board & Officers

  •   - The Value of CBA to Market &     

    •      Brokers

  • State of the Association & Impacts from COVID-19

  •   - State of the Market & Industry

  •     Membership

  •   - 2020 Accomplishments

  •  The Road Ahead

  •   - Strategic Focus & Initiatives

  •   - Diversity, Equity, and Inclusion

  •     within Commercial Brokerage

  •   - Government Affairs & Political

  •      Advocacy 

  • Question & Answer

  •  

Friday, March 5th

10:00 AM - 11:00 AM

LIVE ZOOM MEETING

 

REGISTER NOW

 
 
Black Homeownership Gap: Research Trends and Why The Growing Gap Matters

As part of the Washington REALTORS® Black History Month series, they welcomed Dr. Arthur Acolin with the University of Washington, College of Built Environments to take a deep dive into the data of Black homeownership, the research trends, and why the growing gaps matter. 

 
 
SIGN-UP TODAY TO GET HANDS-ON HELP WITH OUR NEW SEARCH PLATFORM AND LEGAL LIBRARY PRO!

 

CBA provides monthly webinar training to help you master all of our powerful tools and resources and make the most of your membership. 

Join us Monday, February 22nd from 3:00 - 4:00 p.m., as we show you how to use our powerful Legal Library PRO tool. 

Join us Thursday, February 25th from 9:00 - 10:00 a.m., to learn how to use our search platform, create reports, and manage your listings.  

REGISTER NOW

 

 

NOW AVAILABLE TO MEMBERS: CBA'S Q4 CMA SALES OVERVIEW AND FULL RESEARCH REPORT 2020 VS 2019

 

CBA's new CMA Sales Report analyzes quarterly economic and commercial real estate activity and trends at the market and submarket levels. We are pleased to offer this detailed analysis and report for your use and interpretation.

 

In this report, we compare same-month sales by asset class and county from 2019 to 2020. In addition, we have provided a historical view of commercial sales over the past decade to provide the context of how the COVID-19 induced economic downturn of 2020 has impacted the market, particularly in comparison to the low points the market experienced coming out of the Great Recession. 

CLICK HERE TO VIEW OUR FULL REPORT 

 

COVID-19 UPDATE: FIVE ADDITIONAL REGIONS PROGRESS INTO PHASE 2
   

Effective Sunday, February 14th, additional regions entered Phase 2 of the state’s Healthy Washington – Roadmap to Recovery plan. Limited, in-person open houses are permitted in regions that have entered Phase 2. Real estate offices in both Phase 1 and Phase 2 regions may allow clients to make appointments for in-person services at the office if office capacity is limited to 25% and all other protocols are followed. 

 

Counties in Regions that Moved to Phase 2 Effective February 14, 2021: Adams, Asotin, Ferry, Garfield, Lincoln, Pend Oreille, Spokane, Stevens, Whitman, Island, San Juan, Skagit, Whatcom, Chelan, Douglas, Grant, Okanogan, Clallam, Jefferson, Kitsap, Mason, Clark, Cowlitz, Klickitat, Skamania, and Wahkiakum 

 

Additional Counties Already in Phase 2: King, Pierce, Snohomish, Grays Harbor, Lewis, Pacific, and Thurston.

  

READ MORE 

 

CBA'S OFFICES CLOSED IN OBSERVANCE OF THE PRESIDENTS DAY HOLIDAY

CBA's Offices Closed Monday, February 15th in observance of Presidents Day. CBA's office will reopen at 8:00 a.m. on February 16th. 

We hope you have a wonderful holiday! 

 

Dr. Leonard Moore Talks Race & Housing to WR Members - Recorded Webinar

As part of Black History Month, Washington REALTORS® is hosting a series of FREE webinars. Dr. Leonard Moore, of the University of Texas, recently presented an interesting and engaging session that used Monopoly and other easy-to-understand analogies to explain race issues, particularly in housing.

WATCH NOW

 

UPDATED COVID-19 PROTOCOLS: OPEN HOUSES NOW PERMITTED IN PHASE 2 REGIONS

Our friends at Washington REALTORS® recently provided the following important change to COVID-19 protocols for Phase 2 counties.

 

In-person activities including showings, inspections, appraisals, and final walk-throughs may now include up to five (5) persons (including the broker). The prior Phase 2 restrictions limited the number of persons on site to three (3) persons (including the broker). 

 

Please note: Open houses are still NOT permitted in Phase 1 counties. 

 

The other protocols for in-person activities must continue to be followed in all counties, including: 

 

  • - In-person activities must be by appointment only;

  • - Face coverings are required to be worn at all times by real estate brokers, their clients, and industry partners (e.g. appraisers, inspectors, photographers, stagers, etc.). Brokers may not provide services to any client who does not wear a face covering.

  • - The persons on-site must strictly follow social distancing guidelines by remaining at least six feet apart at all times; and

  •  

  • The protocols for Phase 1 and 1.5 counties and Phase 3 counties have not changed. Please note that no more than two (2) persons, including the broker, are permitted on-site in Phase 1 and 1.5 counties.

  •  

  • READ MORE

  •  
NEW FAQ FOR REAL ESTATE FIRMS ON SEATTLE PAYROLL EXPENSE TAX 

Our friends at Seattle King County REALTORS®, with the assistance of legal counsel, have developed an FAQ to answer questions about how and when Seattle’s new Payroll Expense Tax applies to real estate brokerage firms.  

Background: On July 6, 2020, the Seattle City Council passed Ordinance 126108, which imposes a “payroll expense tax” on businesses in Seattle with annual payrolls in excess of $7,000,000.00. The tax is computed on the total payroll expense paid in Seattle to employees who receive compensation of $150,000.00 or more. Real estate brokers are considered employees, even though they may be independent contractors, and commission income is considered to be compensation.  

JOIN US FOR CBA'S 2021 ANNUAL MEETING 

Meet and greet the CBA Board of Directors and hear from our leadership about the state of your association and CBA's goals and plans for 2021.

Friday, March 5th

10:00 AM - 11:00 AM

LIVE ZOOM MEETING

 

REGISTER NOW 

 
The newly ratified CBA Board of Directors Slate for terms through 2023 includes:

- Scott Coombs, NAI Puget Sound Properties

  • - John Miller, CBRE

  • - Arvin Vander Veen, Colliers International

  • - Monica Wallace, Wallace Properties

  • - Brooks Burton, Windermere

  • - Casey Brazil, Kiemle Hagood

 

2021 Board Officers include:

  • - Chair: Brian Hatcher, Kidder Mathews

  • - Chair-Elect: Monica Wallace, Wallace Properties

  • - Immediate Past Chair: Tiffini Connell, - West Coast Commercial Realty

  • - Treasurer: John Miller, CBRE

 

Each of the 16 members of CBA’s Board of Directors prides themselves on representing all specialties, voices, and geographies from the commercial brokerage industry, and includes members from the largest and most prestigious international firms, to the small, successful, and independently owned and operated firms.

 
GET HANDS-ON HELP
WITH OUR NEW SEARCH PLATFORM AND LEGAL LIBRARY PRO!

Do you need help mastering the ins and outs of our new Catylist search platform, creating reports for your clients, or using Legal Library PRO? We're here to help!

 

CBA provides monthly webinar training to help you master all of our powerful tools and resources and make the most of your membership.  

 

Join us the last Thursday of each month to learn how to use our search platform, create reports, and manage your listings.  

 

On the last Monday of every month, we show you how to use our powerful Legal Library PRO tool.  

 

LEARN MORE AND REGISTER NOW

 

happy holidays from all of us at CBA 

Here at CBA, we have so much to be grateful for and many reasons to celebrate. At this special time of year, we'd like to express our deepest appreciation to you for placing your confidence and trust in us and for continuing to support us with your membership and referrals. 

 

We look forward to serving you in 2021! 

 

CONGRATS 2020 WOMEN IN REAL ESTATE AWARD WINNERS

 

We are pleased to announce this year's winners of Connect Media's Women in Real Estate Awards. Award winners were chosen based on their achievements and inspirational stories who have reached respected positions and play key mentorship roles for others in commercial real estate.

 

Winning CBA board/member(s) include: 

Tiffini Connell, CBA Board Member West Coast Commercial Realty

Candice Chevaillier - CBA Board Member, Lee & Associates Northwest

Donna Bruner, HFO

Karen Benoit, Kidder Matthews

VIEW AWARD WINNERS

NOW AVAILABLE: CBA'S Q3 CMA SALES OVERVIEW AND FULL RESEARCH REPORT 2020 VS 2019

 

CBA's new CMA Sales Report analyzes quarterly economic and commercial real estate activity and trends at the market and submarket levels. We are pleased to offer this detailed analysis and report for your use and interpretation.

 

With the rush of commercial property sales in 2019 to beat Washington’s increased Real Estate Excise Tax (REET) taking effect in 2020, in addition to the restrictions on Commercial Real Estate activity due to COVID-19 concerns, CBA anticipated that 2020 sales activity would be negatively impacted. We started a running tally from our database to compare same-month sales by asset class and county from 2019 to 2020.  

 

VIEW FULL REPORT NOW

 

 

THANK YOU TO ALL WHO ATTENDED OUR FIRST-EVER VIRTUAL OFFERING OF WSCAR EDUCATION DAY, COMMERCIAL CORE, AND CBA FORUM

 

Even during the midst of COVID, we had a great turnout. Thank you to all attendees, our speakers, and sponsors, who helped make it such a successful event. 

 

We've also included the affidavit form for your completion. Please don't forget to turn it in. 

 

AFFIDAVIT FORM 

 

 

CBA MEMBERSHIP DUES TO INCREASE, FEBRUARY 1, 2021

 

An increase in CBA’s membership

dues and office/branch fees will go into effect on February 1, 2021.  

 

Raising dues is always a last resort for CBA’s Board of Directors and our management team. Over the past few years, we have invested heavily in providing members new and improved essential tools to conduct their business. Additionally, our organization, like most businesses in our region, faces increasing inflationary cost pressures related to data, technology platforms, salaries, benefits, and rents. 

As we look forward, it has been deemed necessary to help pay for future investments and to continue to offer our member's improved tools and high-quality service at a low and reasonable price. We have included an updated 2021fee schedule for your reference. If you have any questions or concerns,

please contact your office’s designated broker or office manager. 

 

WE'VE UPDATED OUR LEASING FORMS IN LEGAL LIBRARY PRO

In response to requests from the CBA member community, we're pleased to announce that we've updated our Leasing Forms in Legal Library PRO to make them more useful, usable, and flexible.

CBA's Leasing Forms have been fully reviewed, revised, and vetted to ensure they meet all legal criteria and best practices. We also changed the format to make filling them out easier.

PLEASE NOTE: We've made considerable substantive changes to the Leasing Forms. We highly recommend that you watch the video from our legal counsel, Bethany C. Kelsch from Stoel Rives, to fully understand the changes that have been made before using the revised forms.

THE SUITE OF NEW AND REVISED LEASING FORMS

The NEW forms include the following:

- MTBY Multi-Tenant Base Year Lease

- LOI-LS replaced by:

  - LOI-MTNNN Multi-Tenant NNN

  - LOI-RETNNN Retail NNN

  - LOI-STNNN Single-Tenant NNN

  - LOI-MTBY Multi-Tenant Base Year  

  - LOI-MTGR Multi-Tenant Gross

  - LOI-STGR Single-Tenant Gross

 

The REVISED forms include the following:

  • - GR_LS Multi-Tenant Gross LA

  • - Addendum-Amendment to CBA Leases - LCR Letter of Credit Rider

  • - LOR Guaranty of Tenant’s Lease

  • - Obligations Rider

  • - MT_BY Multi-Tenant Base Year Lease

  • - MT_NNN Multi-Tenant Triple Net Lease

  • - OR Option to Extend Rider

  • - PR Parking Rider

  • - RET_LS Retail Lease Agreement

  • - Multi-Tenant Triple Net

  • - RR Rent Rider

  • - RUR Retail Use Rider

  • - ST_LS Single Tenant Gross Lease

  • - ST_NNN Single Tenant Entire Parcel

  • - SUB_LS Sublease Agreement

  • - XL Exclusive Lease Listing Agreement

  • - XLA Exclusive Agency Lease Listing Agreement

  •  

IMPORTANT NOTE: When adding documents to your transactions, members will receive the newest version(s). This will not affect open transactions, and all of CBA's previous forms are still valid and legal. 

LOGIN TO LEGAL LIBRARY NOW

 
Now Available, Directly Update Your Main Property Image & Search Tips for CBA's NEW Platform

 

When listening to and helping our members with questions, it has become abundantly clear that you want more control over your listings. And we know YOU know your listings better than anyone! In response, we've changed our listings management page to allow you to update your main property image directly on CBA.

 

We've sent out an email with detailed steps on how to update correctly. It also includes an important tip on choosing the correct parameters in our new search platform depending on whether you are looking for Sale or Lease listings.

We hope you'll find these tips helpful! 

LOG ON NOW 

 

2020 COMMERCIAL REAL ESTATE LEADERSHIP AWARDS ANNOUNCED 

 

The Puget Sound Business Journal has announced the winners of the Commercial Real Estate Leadership Awards. Our own CBA member Rob Nielsen, Executive Vice President at JLL, has received the Giving Back Award. Congratulations, Rob!  
 

These leaders will be honored during a special virtual reception on Tuesday, October 6th. They will also be profiled in the PSBJ CRE Leadership special section that will publish on Friday, October 30th.  

 
MEMBER ALERT: NEW UPDATES TO PHASE 2 COVID-19 PHASE 2 PROTOCOLS

Our friends at Washington REALTORS® recently provided the following important change to COVID-19 protocols for Phase 2 counties.

 

In-person activities including showings, inspections, appraisals, and final walk-throughs may now include up to five (5) persons (including the broker). 

 

The prior Phase 2 restrictions limited the number of persons on site to three (3) persons (including the broker). 

 

Please note: Open houses are still NOT permitted in Phase 2 counties. 

 

The other protocols for in-person activities must continue to be followed in all counties, including: 

 

- In-person activities must be by appointment only;

 

  • - Face coverings are required to be worn at all times by real estate brokers, their clients, and industry partners (e.g. appraisers, inspectors, photographers, stagers, etc.). Brokers may not provide services to any client who does not wear a face covering.

  •  

  • - The persons on-site must strictly follow social distancing guidelines by remaining at least six feet apart at all times; and

  •  

  • - The protocols for Phase 1 and 1.5 counties and Phase 3 counties have not changed. Please note that no more than two (2) persons, including the broker, are permitted on-site in Phase 1 and 1.5 counties.

 

For YOUR current phase, see below:

Phase 1 and 1.5 counties include: Benton, Franklin, Yakima, Chelan, and Douglas.

 

Phase 2 counties include: Adams, Clallam, Clark, Cowlitz, Grant, Jefferson, King, Kitsap, Klickitat, Okanogan, Pierce, San Juan, Skagit, Snohomish, Spokane, Walla Walla, and Whatcom.

 

Phase 3 counties include: Asotin, Columbia, Ferry, Garfield, Grays Harbor, Island, Kittitas, Lewis, Lincoln, Mason, Pacific, Pend Oreille, Skamania, Stevens, Thurston, Wahkiakum, and Whitman.

 

CLICK TO READ MORE

 
WE'VE UPDATED OUR
PURCHASE & SALE SUITE ON LEGAL LIBRARY PRO

We're pleased to announce that we've updated our Purchase & Sale Suite in Legal Library PRO to make the forms more useful, usable, and flexible in response to requests from the CBA member community.

 

CBA's forms have been reviewed and revised to ensure they meet all legal criteria and best practices. We also changed the format to make filling them out easier.

 

We've produced a video with our legal counsel, Hunter Jeffers from Stoel Rives, to clearly explain the changes that have been made.

 

CLICK HERE TO WATCH OUR VIDEO

 

The revised forms include the following:

17 - Seller Disclosure Statement-Improved Property

17C - Seller Disclosure Statement-Unimproved Property

22E - Certification Under the Foreign Investment in Real Property Tax ("FIRPTA")

BB-1 - Buyer's Agency Agreement

BU-A - Back-Up Addendum to Purchase and Sale Agreement

CDF - Commission Disbursement Form

EMN - Earnest Money Promissory Note

FMA - Force Majeure Addendum

LOI-PSA - Letter of Intent

LP-LS - Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards

LPB-20 - Short Form Deed of Trust

N-1A - Promissory Note

OTB - Option to Buy Real Estate

PS-1A - Commercial and Investment Real Estate Purchase & Sale Agreement

PS-AS - Assignment and Assumption Agreement

PS-D - CBA Defeasance Addendum

PS-FIN - Financing Addendum

PS-TEC - Tenant Estoppel Certificate

PSA - Addendum/Amendment to Purchase and Sale Agreement

PSR - Rescission of Purchase and Sale Agreement

RC - Recorder's Cover Sheet

SS - Short Sale Addendum

UA - Utility Charges Addendum

VLA - Vacant Land Addendum

XA - Exclusive Agency Sale Listing Agreement

XS - Exclusive Sale Listing Agreement

 

IMPORTANT NOTE: When adding documents to your transactions, members will receive the newest version(s). This will not affect open transactions, and all of CBA's previous forms are still valid and legal.

 

LOGIN TO LEGAL LIBRARY PRO NOW

 

NOW AVAILABLE TO MEMBERS: CBA'S 1ST HALF 2020 VS 1ST HALF 2019 CMA SALES OVERVIEW AND FULL RESEARCH REPORT 

CBA's latest CMA Sales Report analyzes monthly and quarterly commercial real estate sales activity and trends at the market and submarket levels through the first 6 months of 2020. We are pleased to offer this detailed analysis and report for your use and interpretation.  

 

With the rush of commercial property sales in 2019 to beat Washington’s increased Real Estate Excise Tax (REET) taking effect in 2020, in addition to the restrictions on Commercial Real Estate activity due to COVID-19 concerns, CBA anticipated that 2020 sales activity would be negatively impacted. We started a running tally from our database to compare same-month sales by asset class and county from 2019 to 2020.

OVERVIEW

Same month comparisons in the 2nd quarter from 2019 to 2020 showed even bigger declines than in the 1st quarter. April transaction counts from 2019 to 2020 were down 57.9% with sales dollar volume down 76.8%. May showed the biggest drop in transactions year to date, as numbers were down 69.3% compared to May 2019. May 2020 dollar volume received a slight boost from two key deals, Waterscape Juanita Village in Kirkland and Everett 4 Corners Plaza, putting the decline at 62.8%. June 2020 transactions fared better than April or May, showing only a drop of 48.5% compared to June 2019. However, sales dollar volume was the biggest slide of the year, showing an 81.8% decline compared to June 2019. 
 

Year to date, Multifamily (-80.2%) and Office (-78.1%) continue to show the biggest drops in sales volume, while Retail (-31.9%), Land (-30.4%), and Industrial (-41.2%) are comparatively less impacted. All researched counties except Thurston are down a considerable amount. Thurston is holding onto a positive 12% increase in sales volume compared to the same timeframe in 2019, mainly propped up by a strong January and April.   

CBA researches office, retail, industrial, and land sales, $250,000 or more, in King, Snohomish, Pierce, Spokane, Kitsap, and Thurston counties. Multi-family sales of $250,000+, and 5-units or more are researched in King, Pierce, and Snohomish counties.  All the raw data provided is pulled directly from the CBAcma database.   

CLICK HERE TO VIEW OUR FULL SALES REPORT

 

CBA BOARD MEMBER CANDICE CHEVAILLIER HONORED

AS ONE OF 48 GLOBEST. REAL ESTATE FORUM’S WOMEN OF INFLUENCE  

We’d like to congratulate CBA Board Member Candice Chevaillier, Principal at NW Multifamily Team at Lee & Associates, on being named as a top CRE Consultant/Advisor in GlobeSt. Real Estate Forum’s Women of Influence edition. Honorees are recognized as outstanding women leaders in the commercial real estate industry. 

 

OUR NEW SEARCH PLATFORM IS LIVE!

We're pleased to announce that Phase 1 of our NEW search platform is now available! This phase includes the searching, reporting, and demographic features our members have requested.

Throughout the upcoming phased transition, CBA will run the new Catylist-powered search platform in parallel with our existing platform throughout all three phases to allow you sufficient time to be trained and make full use of its powerful tools.

Rest assured that regardless of how you choose to search our listings during our transition period, you’ll see the exact same data and search results across both the new and legacy platforms.

BENEFITS OF THE NEW PLATFORM INCLUDE:
Powerful, Easy-to-Use Technology
CBA's new, mobile-friendly platform works seamlessly on all browsers and devices, so you can access your listings and marketing tools anytime, anywhere! The platform provides all of the functionality our members have requested and come to expect with a streamlined, intuitive, easy-to-use interface.

Local Understanding, National Exposure
By partnering with Catylist, we can give you the best of both worlds: a local service specifically tailored to the needs of your markets, with the benefits of exposure on Commercial Exchange, Catylist's nationwide network.

SEARCH OUR NEW PLATFORM NOW! 

WEBINAR TRAINING DATES:

Our new search platform is incredibly intuitive and easy to use, but if you'd like a little help getting started, or want to learn about some of the more sophisticated search tools and functionality, sign up for training!

Over the next few months, we'll be providing online webinars on Tuesdays from 10-11 a.m. and Thursdays from 1-2 p.m.

If you need training for your brokerage, we are happy to provide group training for 15 people or more. Please contact us at support@commercialmls.com to schedule a time that meets your needs.

NEW ENHANCEMENTS MADE TO LEGAL LIBRARY PRO!

Based on member feedback and requests, we’re pleased to

announce that we have made several enhancements to the functionality of Legal Library PRO.

 

These upgrades are designed to help you search for transactions, create custom templates, fill out and edit forms, and invite users to collaborate more quickly and easily.  

 

These NEW enhancements Include: 

 

  • Auto-Fill Document Content: Auto-filled content (including Buyer, Seller, Property Address) now displays in both fill out and edit modes. 

  •  

  • Quickly Add Documents:?You can now select documents and hit “Done” to add them to your transaction without first having to click “Add Documents.” 

 

  • Add Additional Transaction Details: A new “Document Note” field has been added so you can easily differentiate between forms of the same name — which is particularly helpful with multiple addendums.

 

  • Customize Templates for Multiple States: Customized templates can now be made for both Washington and Idaho.

 

  • Search Transactions Faster: Hitting “Enter” will now execute a search, whether you’re searching for a transaction or searching for a form.

 

Invite Users to Collaborate More Easily: Changes have been made to provide additional clarification about access levels for Transaction User and Document User. 

 

LOGIN TO LEGAL LIBRARY PRO 

 

 

NOW AVAILABLE TO MEMBERS: CBA'S CMA 2020 VS 2019 DETAILED SALES OVERVIEW AND FULL RESEARCH REPORT

CBA's new CMA Sales Report analyzes quarterly economic and commercial real estate activity and trends at the market and submarket levels. We are pleased to offer this detailed analysis and report for your use and interpretation.

 

With the rush of commercial property sales in 2019 to beat Washington’s increased Real Estate Excise Tax (REET) taking effect in 2020, in addition to the restrictions on Commercial Real Estate activity due to COVID-19 concerns, CBA anticipated

that 2020 sales activity would be negatively impacted. We started a running tally from our database to compare same-month sales by asset class and county from 2019 to 2020. 

 

OVERVIEW 

 

The number of transactions from January 2020 compared to 2019 was down 18.7%, and dollar volume was down 69%. February transactions had a 7.8% drop and saw the same drop of 69% in dollar volume. March transactions

were down 14.1%, but dollar volume

was softened by the retail sale of the former Macy’s department store in downtown Seattle for $68.7m, which made for a more modest decrease

of 42.2%. On March 15th, the state-wide COVID-19 shutdown and reduced sales leading up to and throughout

April made for the biggest drops to date. April transactions were down 57.9%, and dollar volume was down 76.8%.

 

Overall, the biggest discrepancies in volumes were seen in the

Office (-76.3%) and Multi-family (-78%) classes, while the smallest declines in volume were Retail (-14.1%) and Land (-15.2%). Multiple

large deals in 2019 greatly affected sales volume disparities, which are listed throughout the report as notable sales.

 

In comparison, 2020 has had only one

nine-figure deal with the office sale of Tower 333  in downtown Bellevue for $401.5m. 2020 vs 2019 transactions and dollar volume are negative across all asset classes and counties so far, with the exception of Thurston County, which shows a net positive in sales volume of 38.3%.  

 

CLICK HERE TO VIEW OUR FULL SALES REPORT

 

DRIVE TRAFFIC TO YOUR LISTING AS A FEATURED PROPERTY 

Featured Properties get front page, above-the-fold promotion on our website, which means they are one of the first things people see and they get increased click-throughs!

We offer one-week and four-week packages. Members who sign up for four weeks can switch out their listings once a week.

To sign up, fill out our order form today!

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