31: Exploring Commercial Real Estate Opportunities in Washington’s Tri-Cities with Derrick Stricker
In this episode of the Washington State Real Estate Investing podcast, host Jeff Utecht interviews Derrick Stricker, a second generation commercial real estate broker from Tri Cities, Washington. Derek shares his personal journey into real estate, from considering law school to working in finance and investment banking in Chicago to ultimately returning to Tri Cities to pursue a career in property management and commercial real estate. He discusses the rise of tertiary markets, the importance of local brokers, and the various investment opportunities available in cities like Pasco, Kennewick, and Richland. Derek advocates for investors to get into the real estate market, regardless of market conditions, highlighting the potential for long-term success. He also shares about his personal investment journey and the importance of building trust and relationships in the industry.
About Derrick: Derrick Stricker is a Commercial Real Estate Broker and Founder of StrickerCRE, a boutique CRE shop that provides a Brokerage, Investments, Management and Advisory services in SE Washington. He has over 12 years of experience and has completed over 300 transactions and $300 million in Deal Volume. He has also earned the prestigious CCIM and SIOR designations, which are recognized as the highest levels of expertise and professionalism in the field. He is based in Kennewick, Washington, where he is involved in various community and philanthropic initiatives. He is also a Gonzaga University alumni (BA & MBA) and a former Investment Banker and Corporate Financer in Chicago where he started his career. He is married to Kathleen for 13 years and have two children, Sloane (12) and Duke (9) and live a busy life together.
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