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Jacob Pavlik | Colliers | Portland

Jacob Pavlik

CPRC

Research Manager

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About

Professional Summary

Jacob Pavlik joins the Colliers team after working in the Economic Development and Planning departments for the cities of Hillsboro, Oregon and Alexandria, Virginia, respectively.  At Colliers, he leads a team of researchers to  collect, analyze, and synthesize market data for Puget Sound and Portland. He loves the challenge of taking complex data and making it easily digestible for a wide audience. He assists brokers with research specific to their client's needs, including geovisualizatoin and micromarket analysis.

His authentic passion for commercial real estate is seen most clearly when Jacob explores his local urban ecosystem and travels to new cities around the world to see how they function and relate to each other. He likes to see the built environment adapt to the changing needs, desires, and behaviors of the people who populate it. These functions fit perfectly into Jacob's role as Research Manager, telling the story of how commercial real estate in the Pacific Northwest evolves over time.

Accomplishments

2021 Portland Business Journal's Forty Under 40

2019 NAIOP/Portland State University Capstone Competition Winner

2019 Service Excellence Award Nominee

2019 SIOR Scholarship, Center for Real Estate, Portland State University

2019 Ashforth Pacific Endowed Real Estate Scholarship, Center for Real Estate, Portland State University

Education

Bachelor of Arts in Geography with minors in Geographic Information Systems and Sustainability, magna cum laude, from The George Washington University

Master of Real Estate Development, from Portland State University

Memberships & Involvements

Urban Land Institute (2013 -- present), NAIOP (2017 -- present), Prism Health Community Advisory Board (2017 -- 2019), and the Human Rights Council of Washington County (Treasurer, 2017 -- 2019)

Services

Service Lines

Research

My Team

Featured Research

Jul 19, 2021

Q2 2021 Seattle Office Market Report

With summer underway, many companies have announced concrete deadlines this fall for bringing employees back to the office on a more full-time basis. This is made easier by the state’s May announcement that schools would be open for in-person learning in the fall, reducing the burden of childcare on parents. As companies continue to adjust to their policies for what office culture looks like, occupancy strategies will solidify, which will likely reduce the amount of sublease space on the market. With demand for young, educated talent at an all-time high, Seattle’s workforce remains coveted by growing technology companies. The investment sales of 300 Pine and Boren Lofts this quarter transacted for nearly $580 million and $120 million, respectively, showing continued investor interest in Seattle.
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Jul 19, 2021

Q2 2021 Bellevue Office Market Report

In contrast to the first quarter of this year, inoculations against COVID-19 have emboldened companies to make real estate decisions and sign deals this quarter that will commence throughout the rest of this year and into next. Strong tenant demand for space means the momentum the Eastside had pre-pandemic is coming back. Since spaces are being taken off the market rapidly, it is challenging for some companies to find enough space for their growing headcounts. Snowflake, Chewy.com, and TikTok are all new tenants to the Eastside and broader Puget Sound, continuing to feed the narrative that the Eastside is a hot commodity that needs more supply to ease the pressure of increasing demand. Of the 1.5 million sq. ft. to be delivered through the rest of this year, 97% is spoken for, meaning once the existing sublease spaces are gone, there will again be little to no sizable blocks of space on the Eastside, particularly in the CBD.
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Jul 15, 2021

Q2 2021 Puget Sound Industrial Report

After historically high net absorption in Q1 (3.5 million sq. ft.), Puget Sound’s industrial market did not slow down this spring with an additional 3.2 million sq. ft. of net absorption, shifting vacancy down 30 basis points to 6.8%. Small to mid-sized users were benched for the duration of 2020 when COVID-19 erased their ability to make meaningful real estate decisions. The uptick in consumer spending and general business activity has given these users the capital runway to make real estate decisions again. That said, big box remains the name of the game, particularly in Pierce County where 1.1 million sq. ft. delivered and 3.9 million sq. ft. remains under construction. Of that, 3 million sq. ft. is expected to deliver in the next 12 months (keeping pace with the 4 million sq. ft. of demand there). The market remains valuable to real estate investors, who spent $525 million in the market this quarter, which is six times as much as the 2nd quarter of 2020 and even 8.2% more than in the 2nd quarter of 2019.
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