Erich Schultz, SIOR
Principal Broker, Partner
eschultz@compasscommercial.com
A founding partner in Compass Commercial, Erich has been active in commercial real estate brokerage since 1985. From 2000 through 2009, Erich assisted his clients in completing sale and lease transactions totaling over $361 million in value including representing the seller in the disposition of the 114,000 square foot, six building, Mill Point Business Campus for $25 million in 2003, representing LifeWise in its build to suit lease in the Old Mill District for 55,000 square feet in 2001, and co-representing Facebook along with Studley, Inc. in the acquisition of 130 acres for a data center in Prineville in 2009.
Erich was the Top Producer for Compass Commercial Real Estate Services for seven of the last twelve years. Prior to moving to Central Oregon, Erich was with Collier's International from 1988-1993 during which time he specialized in office transactions in the South Bay Area of Los Angeles. He was with Coldwell Banker Commercial Real Estate Services (now CB Richard Ellis) in Denver for his first three years in the business. His professional activities include representing buyers and sellers of investment properties and land, assisting tenants in their relocations and renewals, and marketing lease space for building owners. Mr. Schultz has successfully completed over 700 lease transactions and 125 property sales during his career.
Erich is one of only two Central Oregon members of the Society of Industrial and Office Realtors (SIOR). The SIOR is the leading professional commercial and industrial real estate association, representing today's most knowledgeable and experienced real estate industry practitioners. Society members provide essential brokerage services including consulting, negotiating, appraising, and maximizing the performance of investment portfolios. Members must meet rigid professional and ethical membership standards and demonstrate proven marketing ability and knowledge of the principles involved in the guidance and completion of real estate transactions.
Erich studied marketing and real estate while earning his Bachelor of Science degree from the University of Colorado at Boulder. Later he attended Pepperdine University where he received a Master of Business Administration degree with an emphasis in Finance.
He is married and has two children. He loves to spend time with his family and friends traveling, mountain biking, and snowboarding.
Click Here to See Erich's Listings
Partial List of Sales and Leasing Transactions
Sales
| Mill Point Business Campus | Bend | $26,653,171 |
| 8.25 Acres in Golden Triangle | Bend | $7,992,450 |
| Airport Business Center Lots | Redmond | $6,541,000 |
| Bend Orthopedic/Neurosurgery Building | Bend | $6,750,000 |
| Downtown Amerititle Building | Bend | $6,000,000 |
| River Pointe II Building | Bend | $5,390,000 |
| Glenwood Industrial Buildings | Bend | $5,110,887 |
| 2.53 Acres in Old Mill District | Bend | $4,959,315 |
| 6.89 Acres High Density Residential Land | Bend | $5,102,000 |
| Basalt Business Park Lots | Bend | $4,552,000 |
| Pilot Butte Medical Center | Bend | $4,500,000 |
| Monterey Pines Apartments | Bend | $4,213,000 |
| 5 Acres at 27th St. and Conners | Bend | $4,108,000 |
| Morningside Medical Building | Bend | $3,875,000 |
| Basalt Center | Bend | $3,250,000 |
| Summit Square | Bend | $2,912,000 |
| Houghton Medical Building | Redmond | $2,850,000 |
| St. Charles Sleep Center | Redmond | $2,700,000 |
| Ponderosa Molding | Bend | $2,580,000 |
| Retail Park, 3.25 Acres | Redmond | $2,495,000 |
| Scanlon Building |
Bend |
$1,950,000 |
| KB Brewing Facility | Klamath Falls | $1,676,000 |
| 27th Street Apt. Building | Bend | $1,300,000 |
Leases
Wells Fargo — 10,442 SF
LaRosa — 2,905 SF
Safeway — 58,000 SF
Lifewise — 53,000 SF
Unicom — 14,500 SF
Express Personnel — 8,743 SF
Salomon Smith Barney — 8,215 SF
Umpqua Bank — 4,400 SF
Unicel — 19,200 SF
Medical Building @ 2600 NE Neff Rd — 30,346 SF
USDA Forest Service — 26,430 SF
Bussard Williams — 12,000 SF
Flatbread Community Oven — 3,062 SF
Recommendation
"Erich is a highly skilled broker whose expertise provides a substantial benefit to any real estate transacton. Erich is smart, motivated and detail oriented and works hard to overcome whatever obstacles stand in the way of closing a deal. His knowledge of the marketplace and substantial past experience allow him to provide the business advice and perspective that is needed in every successful real estate transaction. Throughout the negotiation process, Erich displays a high degree of personal integrity and the strong interpersonal skills that are essential to achieve a client's underlying business objectives."
— Miles A. Conway
Schwabe, Williamson & Wyatt
"I would like to take this opportunity to recommend Compass Commercial and brokers Erich Shultz and Darren Powderly. Compass recently represented me on the sale of a commercial property in downtown Bend.
Needless to say, the commercial real estate market in Central Oregon has seen better days. Our sale saw many of the same issues that have plagued others: minimal financing options, lack of qualified buyers and a reduction in income potential. Through all of this, Erich and Darren kept the pedal to the metal and helped us navigate the sale successfully.
In my view, it's times like these that test a broker's skill. Both Erich and Darren brought a creative approach to the process and were willing to consider other options along the way. They are straightforward, easy to deal with and less focused on collecting a commission than doing what's right for their client. This collaborative approach kept us all on the same page, making it much easier to deal with the ups and downs of the market."
—Mark Capps
Former Owner, Boomtown Building
"...we needed to quickly find a new home for our business that would support us not only today, but well into the future as we aim to be a long-term player in the Bend Area.
Thanks to insightful questions around our needs, the diligent work in finding options, and extensive market knowledge of Erich & Howard, we were able to quickly locate a property in an up & coming business park that would meet our needs and our budget...Erich & Howard professionally and expeditiously helped ... us close on the property with all issues resolved...we are so thankful to have them on our team."
— Patrick M. Quinn
COO, Major Brands Premium Beverage Distributors
To whom it may concern:
We have worked with Erich Schultz and Tara Donaca of Compass Commercial Real Estate Services for the past 2 years. They have helped us sell 2 commercial properties and negotiate 2 commercial leases.
We have consistently received professional, common sense and relevant advice throughout the course of all of our transactions. Both Erich and Tara are very detail oriented. During the course of the first building sale, ADA issues surfaced due to changing interpretations of the regulations by the City of Bend. All of the issues were resolved to the satisfaction of both the Buyer and Seller. This deal took a tremendous amount of coordination effort on Erich & Tara's part. They never failed to step up to the plate when needed.
Erich & Tara were also used to negotiate two commercial leases for our firm. We were very impressed with the common sense approach to problems, attention to detail and the generous amount of time each spent to bring about a successful conclusion.
In closing, we partners at Hickman, Williams & Associates, recommend without reservation the services of Erich & Tara. Their dedication, work ethic and integrity are exemplary. We feel confident Erich & Tara will provide quality service for any commercial real estate transaction.
— David R. Williams, PLS, President
HWA Inc.
Surveyors.Engineers.Planners
My partner, Cal Cannon, and I have had a long; trusted and
successful relationship with Erich Schultz and Compass
Commercial. Starting with their representation for us in:
the lease up and management of Mill Point Business Campus; the
ultimate sale of the Mill Point; the purchase of property in
the Old Mill District (and partial sale thereof) that is now
the under construction Millview Building along with the
successful lease negotiations for the anchor tenant of that
building — Wells Fargo. At each stage of this complex
relationship we relied on the guidance and thoughtful counsel
of Compass Commercial as well as their demonstrated execution
skills in getting deals —- be they purchases; sales or
leases- signed and completed in a timely and successful
manner.
— Wayne Perry
CEO, Edge Wireless
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