Oregon Business magazine released its 2016 Powerbook.
Compass Commercial ranks in the top 10 on its list of commercial real estate firms. Read the full list here: Powerbook Jan 2016 page 46.
During this time of year, Sparrow Clubs works with local schools and partner organizations to bring some holiday cheer to Sparrow Families through their “Bless a Nest” program. Students at partnering schools create special ornaments containing Sparrow Family wishes for display at sponsoring businesses for fulfillment.
This year, Summit High School and Pacific Crest Middle School adopted Charlotte York as their Sparrow and Compass Commercial provided a home for the special Sparrow tree ornaments in support of Charlotte and her family.
Charlotte was diagnosed with high risk stage 4 Neuroblastoma on May 23rd, 2015. It is one of the most common cancers found in infants and one of the most aggressive childhood cancers known. After 18 months of age, the chance of relapse is very high. Neuroblastoma most commonly starts in the tissue of the adrenal glands. It is a rare disease in which a solid tumor is formed by special nerve cells called neuroblasts. Normally, these immature cells grow and mature into functioning nerve cells. But in neuroblastoma, they become cancer cells. It occurs when neuroblasts grow and divide uncontrollably instead of developing into nerve cells. The exact cause of this abnormal growth is unknown, but scientists believe it’s related to a defect in the genes of a neuroblast that allows it to divide uncontrollably. About 700 new cases of neuroblastoma are diagnosed each year in the United States.
We’re so pleased to report that all 19 of the “Bless a Nest” ornaments were fulfilled by our team before even making it to our tree! Combined with several contributions to the Winter Wonderland Silent Auction, and generous donations, Compass Commercial has contributed over $2,800 toward the York family in the last week.
We hope you will take a moment to learn more about Charlotte and the enormous challenges this family is battling. Please consider joining Compass Commercial in support of Sparrow Clubs and Charlotte.
You can read more about her journey on her Sparrow Club page.
From the PSU School of Business Website:
PSU’s Center for Real Estate Quarterly publication offers a snapshot of the commercial real estate and housing markets in the region. Each issue has several feature articles about real estate and development in the Portland area as well as an analysis of the trends in the commercial and residential markets. We appreciate the generous support of the Quarterly by the Oregon Association of Realtors (OAR) and the Regional Multiple Listing Service (RMLS).
Center for Real Estate Quarterly, November 2015 (full 92-page report)
From the PSU School of Business Website: PSU’s Center for Real Estate Quarterly publication offers a snapshot of the commercial real estate and housing markets in the region. Each issue has several feature articles about real estate and development in the Portland area as well as an analysis of the trends in the commercial and…
Consider retailers’ satisfaction guarantees when holiday shopping
Retailers with return policies that include a customer satisfaction guarantee (Nordstrom, L.L. Bean, REI), make holiday shopping less daunting. When merchandise doesn’t meet expectations, what will the store do to address your disatisfaction? How do retailer return policies stack up?
GOBankingRates last month ranked return policies from major retailers based on six key factors that make returns easy and customer-friendly, identifying the top 10 with the best policies and the top five with the worst
If you have a teenage girl, you’ll likely be familiar with Forever 21’s policy, which ranked the worst. Forever 21 only allows 21 days for returns, and purchases can only be exchanged for other items or refunded in the form of store credit, not in the original form of payment. Items must also be unworn, unwashed and unused with tags still attached. If you don’t return the item within 21 days, you can count on keeping that “pleather” jacket FOREVER, or at least until it falls apart.
Here are the results:
Best Return Policies:
3. Bed Bath & Beyond
4. J.C. Penney
Worst Return Policies:
1. Forever 21
3. Barnes & Noble
Compass Commercial brokers Erich Schultz, SIOR and Jay Lyons, CCIM represented Central Oregon Pediatric Associates in the purchase of the LEED Certified Mixed-use building at 760 NW York Drive in Northwest Crossing. COPA this week announced its construction start on Central Oregon’s first Pediatric Center of Excellence, at the 16,000 square foot facility that was listed and sold by Compass Commercial brokers, Robert Raimondi, CCIM and Peter May, CCIM during the summer.
As expectations for workplace dynamics continue to change, how can property owners be prepared to meet the evolving demands of today’s millennials flooding the market? What are landlords doing to be sure that their office buildings are making the right improvements to cater to these new expectations?
From breakaway spaces to co-operative events to help bring tenants together, here are a few ideas for commercial property owners to engage millennials.
Every city in Oregon is required to have a 20-year supply of land for housing and employment in their Urban Growth Boundary (UGB). State law requires that a city demonstrate the need for additional land (e.g. for housing, industrial development) before expanding their UGB. This “demonstration of need” must also show that the land currently inside the UGB cannot reasonably accommodate the 20-year supply. The City of Bend is nearing approval of its final Urban Growth Boundary scenario — a two-year process — scheduled to end April 2016.
The new scenario proposes to bring approximately 2,000 acres into the UGB and aims to address a variety of specific
technical issues and planning requirements established by the Oregon Land Conservation and Development Commission (LCDC) in
the remand following the previously proposed plan. Key objectives outlined for the revised proposal are to use land, public
infrastructure, and resources more efficiently by concentrating on urban density and encouraging development to promote
With our third quarter report showing continued positive net absorption across all product types, and Bend’s citywide
vacancy down, or unchanged as reported in the retail market, adopting an adequate plan to accommodate 20-years of projected
growth is critical. Whether 2,000 acres is enough to accommodate the increased demand for land and infrastructure for new
businesses and homes, or if the proposed scenarios for redevelopment will satisfy the LCDC’s requirements is still in
debate, but the City intends to complete local adoption of the amended UGB by April 2016 to complete the remand process by
the end of next year.
By the Compass Points Editorial Team Every city in Oregon is required to have a 20-year supply of land for housing and employment in their Urban Growth Boundary (UGB). State law requires that a city demonstrate the need for additional land (e.g. for housing, industrial development) before expanding their UGB. This “demonstration of need” must also show…
An update on Compass Commercial Construction Services projects in the works or near completion:
Client: Taco Del Mar
Location: 706 NE Greenwood, Suite 100, Bend, Oregon
Project: Tenant Improvement Build Out- Restaurant
Client: Best Care Treatment Facility
Location: 676 NE Negus Way, Redmond, Oregon
Project: Complete facility remodel of residential detox and rehabilitation
Client: The Brown Owl Restaurant and dining
Location: Old Mill Marketplace
Project: New restaurant and dining space. Complete build out and tenant improvement
Client: Mosaic Medical
Project: Existing Clinic Facility Remodel
Client: Berkshire Hathaway – Office Tenant Improvements 100% complete
Location: Vision Plaza
Project: Offsite Improvements for this Suite – Steel Canopy & new access stairs and entry 90% complete
Client: Zamp Solar- In Progress 60% complete
Location: 63255 Jamison Rd. Bend, Oregon
Project: Complete Build out and Office Tenant Improvements
Client: The Capitol Restaurant
Location: 1000 Wall Street, Bend Oregon
Project: In Progress and 90% complete- Mid October Completion
Complete Build out and Tenant Improvement- Basement Restaurant /Bar and Dining
How many times have you held an event or attended an event and wondered what will happen to all those beautiful centerpieces? Compass Commercial asked that question following one of our recent company events and we were delighted to find a resource that makes use of those leftover jars of happiness.
Nonprofit Spotlight: How many times have you held an event or attended an event and wondered what will happen to all those beautiful centerpieces? Compass Commercial asked that question following one of our recent company events and we were delighted to find a resource that makes use of those leftover jars of happiness.