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Jacob Pavlik | Colliers | Seattle

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 18, 2022

Q2 2022 Puget Sound Industrial Market Report

In the face of swirling economic events, primarily record-level s of inflation, continued supply chain disruptions, and rising interest rates, which are meant to combat inflation, industrial market activity was not as robust as expected this quarter. Tenant demand has continued to be strong, but economic forces have delayed some decisions, encouraging users to proceed more cautiously than they have been for the last two years. Despite a temporary cooling of market activity, construction continues in anticipation of future demand. With 9.3 million sq uare feet being developed across the region, 61.2% of it, or 5. 7 million square feet, is in Northend and Kent Valley.
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Jul 7, 2022

Q2 2022 Seattle Office Report

The forecasted return-to-office after Memorial Day is still slow to materialize, although activity downtown has continued to rise with tourism and entertainment. Office occupancy rates according to building security firm Kastle Systems, which pegged mid-June office occupancy at 44.1%, relative to pre-COVID levels. More foot traffic and increase police activity has made downtown feel safer than earlier in the year, but that has not proven enough to lure workers to commute downtown. Companies eager to cultivate their office culture are still finding the right mix of incentives and amenities to encourage workers to return. Until there is more certainty, it is likely that shorter-term leases will remain common. The exception will be for tenants seeking concessions in the form of free rent or tenant improvement allowances.
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Jul 7, 2022

Q2 2022 Eastside Office Report

Eastside activity cooled this spring in the face of increasing economic uncertainties related to inflation, war in Ukraine, and supply chain disruptions. Year-to-date, there has been almost 750,000 square feet of positive absorption, primarily because Amazon moved into 1001 Towers. This brought vacancy to 9.4%, which is near the Q4 2020 vacancy prior to most of the pandemic occupancy adjustments of 2021 on the Eastside. Asking rents inching upward downtown suggested that despite the prevailing headwinds, there is sufficient demand in the face of still-dwindling supply of quality space. With 80.8% of the 5.6 million square feet under construction, there are not significant options on the horizon for tenants looking to lease in a new project.
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