Welcome to the Capital Rivers Connect – California Edition Podcast!
It’s a cliche because it’s true: All real estate is local, and while many west coast markets struggle with high office vacancy rates and troubled assets, there are numerous markets where downtown real estate is coveted. Redding is red hot, and nobody knows the market better than veteran broker Chris Haedrich, who recently merged with Capital Rivers Commercial to form the Haedrich Group. In this podcast, Chris joins Capital Rivers CEO Greg Aguirre to offer his local knowledge on the Redding market.
Redding’s Downtown Commercial Real Estate Market is Experiencing a Surge in Demand
Unlike many West Coast cities struggling with vacant office spaces, Redding’s downtown area is seeing a rise in interest for commercial properties. This suggests a thriving business environment that can potentially offer benefits to companies looking to relocate or expand.
High Vacancy Rates Plague other Western Office Market
The podcast mentions a contrast between Redding’s success and the struggles of other western markets. This implies that businesses seeking office space might find a more competitive market in Redding compared to areas with high vacancy rates, potentially leading to better lease terms or more options.
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