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Central Oregon CRE Update – August 2016 Transactions

Compass Commercial Announces Recent Transactions

Compass Commercial Real Estate Services is pleased to announce a selection of transactions recently closed by the firm.

Mavericks at Sunriver, located at 18135 Cottonwood Road, sold to Christian Michael for $1,500,000. Compass Commercial brokers, Peter May, CCIM,Erich Schultz, SIOR, and Jay Lyons, CCIM represented Bank of the Cascades in the disposition of the property.

Brent Goodman sold a 7-unit multifamily building located at 2022 NE Neil Way in Bend to Christine E. Crosby Revocable Trust for $1,050,000.  Compass Commercial broker, Joel Thomas represented the seller.

Motorcoach Sales & Service of Oregon, LLC leased a 28,800 square foot industrial building located at 62955 Boyd Acres Road in Bend from S&H Associates, LLC. Compass Commercial brokers, Pat Kesgard, CCIM and Kerri Standerwick represented both parties in the lease negotiation.

Main Line Properties sold a 22,260 square foot hangar located at 4241 SW Aviation Boulevard in Prineville to Cannon Braatz for $430,000. Compass Commercial broker, Robert Raimondi, CCIM represented the seller.

Robertson Price, LLC sold a 2,102 square foot restaurant building situated on .25 acres located at 546 NW 7th Street in Redmond to Robert Hass for $310,000. Compass Commercial brokers, Howard Friedman, CCIM and Peter May, CCIM represented the seller.

Lloyd Olson sold a 4,125 square foot hangar located at 675 “Q” SE Salmon Avenue in Redmond to Kee Ventures, LLC for $206,000. Robert Raimondi, CCIM with Compass Commercial represented both parties in the transaction.

Bend International School subleased a 5,624 square foot office located at 63034 OB Riley Road in Bend from  The Child Center, Mental Health for Children, Inc.  Compass Commercial brokers, Russell Huntamer, CCIM and Peter May, CCIM represented both parties in the lease negotiation. Textron Drive, LLC is the landlord.

Holy Communion Evangelical Catholic Church leased a 6,375 square foot retail property located at 1245 SE 3rd Street in Bend from Scandia 811, LLC.  Pat Kesgard, CCIM and Kerri Standerwick, broker represented the tenant in the lease negotiation.