Commercial Association of Brokers

?? Efforts by Metro and Gov. Kotek to Potentially Expand the Urban Growth Boundary for Industrial Land ?? Two separate initiatives by Metro and Governor Tina Kotek are likely to add more than 600 acres to the Portland area’s Urban Growth Boundary (UGB) for new industrial development before the end of the year. ?? Metro's UGB Review: By state law, the UGB is reviewed every six years to ensure there is adequate land for population and job growth over the next 20 years. The latest review began last fall, with Metro releasing a draft Urban Growth Report (UGR) in July, assessing land needs for residential and commercial purposes. ?? Sherwood's Expansion Request: Sherwood formally requested a UGB expansion, proposing the West Sherwood Expansion Area, which includes 1,291 acres that could support up to 5,580 housing units and 4,500 jobs. Metro received significant feedback, both in favor and opposed, at a public hearing in September. A final decision is anticipated in mid-December, though potential appeals may delay the process. ???? Governor Kotek’s Legislative Authority: Separate from Metro’s process, SB 4 grants the Governor authority to expand the UGB with up to eight sites, aimed at fostering industrial uses tied to Oregon’s semiconductor and advanced manufacturing sectors. Governor Kotek plans to add 373 acres adjacent to Hillsboro in Washington County, strategically placed within the state’s semiconductor industry hub. This proposal faced both support and opposition at an October public hearing in Hillsboro. What's Next? These expansions hold the potential to shape Portland's future economy, residential options, and land use policies. Stay tuned as these decisions move closer, shaping Oregon's path for growth and development. #UrbanGrowthBoundary #MetroOregon #IndustrialDevelopment #GovernorKotek #PortlandEconomy #LandUse #SemiconductorIndustry

?? CAB NFL Viewing Party: Washington vs. Eagles ?? Join us for a fantastic evening of football, networking, and great company at the CAB Viewing Party, hosted by MODERN NORTHWEST and Chris Acosta! Enjoy drinks and food on the house while watching the game with fellow commercial brokers. This is the perfect opportunity to relax, connect, and cheer on your favorite team! ?? Date: November 14th ? Time: 5:00 PM - 7:00 PM ?? Location: Spirit of 77 Register at https://lnkd.in/gPYW4zKY #CABEvent #Networking #ViewingParty #ModernNW #FootballNight #CommercialRealEstate #SpiritOf77

?? Save the Date! ?? We are thrilled to announce the 2025 Night of Excellence in Commercial Real Estate! Join us, in partnership with the Commercial Association of Brokers, SIOR Oregon/SW Washington Chapter and NAIOP Oregon, as we celebrate the outstanding achievements and transformative projects shaping the commercial real estate industry. ? When: March 6, 2025 ? Where: The Ritz Carlton Portland ? Why: To honor excellence in commercial real estate and recognize the leaders who drive innovation and success in our industry. ?? Applications and sponsorships are now open! Don’t miss this opportunity to showcase your brand and celebrate your accomplishments. Secure your spot today! https://lnkd.in/gfAVbY9u A special thank you to our Signature Sponsor, Schnitzer Properties, for their generous support and continued commitment to making this event a success. We truly appreciate your partnership! Stay tuned for more details on award nominations and how you can be part of this prestigious event. We can't wait to celebrate with you! ?? #CommercialRealEstate #NightOfExcellence #Networking #Leadership #RealEstateAwards #IFMA #ExcellenceInCRE #SponsorshipOpportunity #ThankYou #SchnitzerProperties

?? Take Action: Oppose Measure 118 and Protect Oregon’s Commercial Real Estate Industry ?? Measure 118 proposes a 3% tax on sales that could have significant repercussions for our industry. If passed, this tax will increase costs at every stage of production and sales, driving up the prices of goods and services ?? and negatively impacting businesses, property owners, and tenants. ???? What Measure 118 Means for You: ??Increased Operational Costs: The tax would apply to almost all transactions, raising operational expenses for property owners, tenants, and brokers alike. This could affect leasing, property management services, and real estate transactions. ?? Rising Consumer Prices: Tenants will likely face higher rent and operating costs as businesses pass along these new expenses. This could create financial pressure on businesses renting commercial space, potentially reducing demand and affecting market stability. ???? Economic Stagnation : The commercial real estate industry plays a critical role in Oregon’s economy. The increased costs and uncertainty brought by Measure 118 could deter new investments and limit future development opportunities in our state, impacting growth and job creation. What You Can Do: ?? Educate Yourself: Visit No on Measure 118 to learn more about the measure and the broader impacts it may have on our industry. ?? Spread the Word : Share this information with your clients, colleagues, and business partners. It is essential for everyone to understand the long-term implications of Measure 118. ??? Take Action : We encourage you to reach out to local representatives and share your concerns about how this measure will negatively affect your business and the Oregon economy. If you are interested in learning more or getting involved, please contact Sam LeFeber ??. He will connect you with the team leading the charge against Measure 118 and ensure you have the tools you need to make your voice heard.

?? As a Valued Member of the Commercial Association of Brokers (CAB), Here’s a Reminder of the Exclusive Benefits You Enjoy! ?? At CAB, we’re dedicated to supporting your success in the commercial real estate industry by providing you with the tools and resources needed to excel. Here's how we make that happen: ?? Access to Commercial Real Estate Forms Streamline your transactions with access to over 20 forms designed to meet industry standards. ?? Online Library of Continuing Education Enjoy 30+ hours of continuing education courses to keep you ahead in the market. From negotiations to trends, stay informed! ?? Networking Opportunities Build connections at our regular events, helping you forge partnerships and stay updated on industry trends. ?? Professional Development Enhance your skills through our educational programs, workshops, and seminars, ensuring you're always ahead of the curve. ?? Advocacy and Representation CAB is your voice! We advocate on behalf of the commercial real estate industry to shape a future that benefits you. ? Golf Tournament Take a swing at success! Join our annual golf tournament for a perfect blend of networking and friendly competition. ?? Night of Excellence in Commercial Real Estate Celebrate industry success at our annual awards event, where we honor outstanding achievements and connect over shared accomplishments. Not a member yet? Join us and start accessing these exclusive benefits today! Login now and take full advantage! https://lnkd.in/eqVHnqqV #CommercialRealEstate #CABMembers #MembershipBenefits #ContinuingEducation #Networking #Advocacy #ProfessionalDevelopment #GolfTournament #NightOfExcellence #RealEstateProfessionals

?? Enhance Your Skills with CAB's Members-Only Online Continuing Education Library! ?? Looking to complete your required courses this summer? CAB has you covered with our exclusive, members-only and FREE online continuing education library, available 24/7 at www.orwacab.org/education ? Convenient and flexible access anytime, anywhere ? Commercially focused courses tailored for industry professionals ? Stay ahead and fulfill your requirements at your own pace Don't miss this opportunity to advance your knowledge and skills. Start learning today and make the most of your summer! ?? #ContinuingEducation #ProfessionalDevelopment #RealEstate #CommercialBrokers #CAB

???♂? CAB Golf Tournament A Day to Remember! ???♀? We had an amazing turnout, with participants enjoying a day of golf, networking, and camaraderie under rain, wind and sunshine! A huge thank you to our sponsors, volunteers, and everyone who participated. Your support made this event possible and contributed to its success. Congratulations to our tournament winners: Gross ?? Chris Acosta, Jarrett Gray, Rudi Pino, Zach Foushee ?? Bjorn Brynestad, Philip P., John Hallman, Brendan Murphy Net ?? Corey White, Chris Shell, Derek Johnson, Scott Brockway ??Sam Briggs, Eric Sporre, David Hill, Jordan Carter ?? Check out some highlights from the day in the photos below. #CABGolfTournament #EventSuccess #Networking #Golf #Community

We LOVE our sponsors! Thank you Equity Advantage, Incorporated!

?? Just Three Weeks Until Our Golf Tournament on June 27th at The Reserve! ?? ?? Foursomes are SOLD OUT, but we still have THREE hole sponsorships left! ?? Additionally, there are many discounted sponsorship levels available, including: ?? Par 3 Beverage Sponsor at $2,500 ??? Dinner Sponsor at $2,000 ?? Cocktail Sponsor at $1,750 ?? Live Score Card Sponsorship now discounted at $1,500 ?? Beverage Cart Sponsorship now discounted at $1,500 ? Putting Contest Sponsor at $1,000 This is a great chance to showcase your brand and support the community. A huge thank you to our incredible sponsors for making this event possible: ??? BnK Construction, Inc. ??? Brown & Brown Insurance ?? Comcast ?? Cobalt ?? Deacon Construction, LLC ?? Dunn Carney LLP ??? Emmett Phair Construction ?? First Citizens Bank ?? Robert Hakes Construction ?? Menashe Properties, Inc. ?? Modern NW ??? Panattoni ??? Perlo Construction ??? Schnitzer Properties ??? Swinerton ?? Trammel Crow Company ??? Walen Construction Don't miss out on this amazing event filled with networking, fun, and a little friendly competition. Secure your sponsorship today and be part of something special! For more details and to grab your sponsorship spot, visit https://lnkd.in/g_5kfqSr See you on the greens! ???♂????♀?

?? Exciting News for Portland's Development Community! ?? The Portland City Council has just approved significant improvements to our city's permitting and development structure. This initiative is set to streamline processes, enhance transparency, and boost efficiency for all stakeholders involved in the development landscape. Key Highlights: ?? Simplified permitting process to reduce wait times. ?? Increased transparency and accountability. ??? Enhanced support for sustainable and equitable development. This is a big win for developers, businesses, and residents alike, ensuring a more efficient and effective path to growth and innovation in our beloved city. Read more about the full details and what it means for our community: https://lnkd.in/gHR3QShF #Portland #Development #CityCouncil #PermittingImprovement #Sustainability #CommunityGrowth