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Central Oregon CRE Update – August Transactions

We are pleased to announce notable commercial transactions closed by the firm during the second half of August.

Brokers Dan Kemp, Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services represented both the seller, Robinson Partners and the buyer, Hallmark Inns & Resorts, Inc. in the purchase of 2.59 acres of commercial land located at 2790 NE Conners Avenue in Bend, near St. Charles. The transaction was valued at $1,798,618.

Brokers Ron Ross, CCIM and Terry O’Neil, CCIM of Compass Commercial Real Estate Services represented the seller in the sale of a triplex located at 454 NW Riverside Boulevard in Bend. The sale price was $975,000.

Familywise Digital, Inc. leased a 18,435 square foot industrial suite in the building located at 20495 Murray Road in Bend. Brokers Bruce Churchill and Dan Kemp of Compass Commercial Real Estate Services represented both the landlord, Next Development Group, LLC and the tenant.

ColeBreit Engineering, LLC has leased a 2,959 square foot office suite located in Crane Shed Commons at 721 SW Industrial Way in Bend. Brokers Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services represented both the landlord and tenant in this transaction.

Teriyaki Madness leased a 1,358 square foot retail suite in the Forum Shopping Center located at the corner of Highway 20 and 27th Street in Bend. Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM and Peter May, CCIM represented Forum Holdings, the landlord, in the transaction.

Danner Boots leased a 2,385 square foot retail suite in the Box Factory at 555 NW Arizona Avenue in Bend. Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz represented Old Mill Retail, LLC, the landlord in the transaction.

Jimmy John’s leased a 1,200 square foot retail suite located at 2922 S 6th Street in Klamath Falls, Oregon. Broker Joel Thomas, CCIM of Compass Commercial Real Estate Services represented the tenant and broker Russell Huntamer, CCIM of Compass Commercial represented the landlord.

BSD Holdings, LLC leased a 1,062 square foot retail suite located in the Box Factory at 550 SW Industrial Way. The tenant was represented by brokers Jay Lyons, SIOR, CCIM, Adam Bledsoe and Grant Schultz of Compass Commercial Real Estate Services. Old Mill Retail, LLC, the landlord, was represented by Compass Commercial brokers Russell Huntamer, CCIM, Jay and Grant.

Suterra, LLC leased a 29,300 square foot industrial building located at 1941 NW Industrial Park Road in Prineville. Compass Commercial Real Estate Services broker Bruce Churchill represented the tenant in the transaction.

Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kerri Standerwick represented the seller of 1.03 acres of residential land located at 2372 SW 25th Street in Redmond.

Compass Commercial Asset & Property Management’s property manager Luke Ross, broker represented the landlord, Shep East, LLC in leasing 6,875 square feet of industrial space located at 1320 SE Armour Road in Bend to Imagine Stoneworks, Inc.

Serán BioScience, Inc. leased a 3,516 square foot industrial suite located in the new industrial building located at 63052 Layton Avenue in Bend. Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM and Grant Schultz represented both the tenant and Willis R. Brown Trust, the landlord in the transaction.

Progressive Screen Printing leased a 2,750 square foot office suite located at 20756 High Desert Court in Bend. The landlord JC-ITM, LLC was represented by regional property manager and broker Paul Weaver of Compass Commercial Asset & Property Management.

If you have questions about these transactions, please contact the appropriate broker at Compass Commercial Real Estate Services by calling 541.383.2444.