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Central Oregon CRE April 2019 Transactions

We are pleased to announce notable commercial transactions closed by the firm during the month of April 2019.

Broker Dan Kemp of Compass Commercial Real Estate Services has closed the sale of Jot’s Resort, a 102-room hotel with a fully equipped restaurant and one bedroom one bath condos located at 94360 Wedderburn Loop in Gold Beach. Dan represented the seller in the transaction valued at $4,175,000. Read more about this transaction.

Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM and Grant Schultz, along with Erich Schultz of Schultz CRE, represented Par 3, LLC, the seller, in the sale of the fully leased 9,628 square foot office building located at 109 NW Greenwood Avenue in downtown Bend. The sale price was $2,725,000.

Compass Commercial Real Estate Services brokers Robert Raimondi, CCIM and Graham Dent represented the US Forest Service in the sale of an 18.11 acre parcel located at US Hwy 20 and West Barclay Drive in Sisters, Oregon. Compass Commercial principal broker Bruce Churchill represented the buyer, Three Sisters Holdings, LLC in the sale valued at $1,500,000. Read more about this transaction.

A software development company has leased 9,734 square feet of well-appointed office space at 395 SW Bluff Drive in Bend’s Old Mill District. Bruce Churchill, Principal Broker and Adam Bledsoe, Broker of Compass Commercial Real Estate Services brokered the deal between the tenant and the landlord, River Bend Limited Partnership.

Russell Huntamer, CCIM and Joel Thomas, CCIM of Compass Commercial Real Estate Services represented the landlord, Bowler & Bowler LLC, in leasing 5,320 square feet of 2nd floor office space at 2855 NW Crossing Dr. in Bend to Sage School of Massage. The building is now 100% leased and is being offered for sale as a fully leased NNN investment property.

Compass Commercial Real Estate Services brokers Dan Kemp and Terry O’Neil, CCIM represented the landlord, Burke Holdings, LLC in leasing 13,000 square feet of industrial space at 20739 High Desert Court in Bend.

Compass Commercial Real Estate Services brokers Robert Raimondi, CCIM and Peter May, CCIM represented the landlord, Deschutes Center, Bendor, LLC in leasing 1,327 square feet of industrial space at Deschutes Business Center, 20360 Empire Avenue in Bend.

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