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Central Oregon CRE February 2020 Transactions

Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm in February 2020.

Brokers Ron Ross, CCIM and Terry O’Neil, CCIM of Compass Commercial Real Estate Services represented the buyer, Cascade Ridge of Madras, LLC, in the purchase of TV Highway Marketplace in Hillsboro, Oregon. The 20,800 sq. ft. retail center with 3 buildings and 8 tenants was acquired for $6,350,000.

Tom Standish, Broker and Russell Huntamer, CCIM of Compass Commercial Real Estate Services represented the tenant, Northwest Raw, LLC, in leasing a 3,498 sq. ft. retail suite located at 1288 SW Simpson Avenue aka 210 SW Century Drive. Tom Standish and Russell Huntamer also represented the Landlord, G Group, LLC, along with Peter May, CCIM of Compass Commercial Real Estate Services.

Compass Commercial Real Estate Services broker Russell Huntamer, CCIM represented the buyer in the acquisition of 64635 Old Bend Redmond Highway in Bend. The 3,000 sq. ft. residential building on 25 acres sold for $850,000.

Brokers Dan Kemp, CCIM and Peter May, CCIM of Compass Commercial Real Estate Services represented the seller, Health Point, LLC, in the sale of 2775 SW 17th Place in Redmond. The 3,268 sq. ft. medical building on 0.29 acre sold for $800,000.

Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM, Russell Huntamer, CCIM, Tom Standish and Grant Schultz represented the Landlord, Killian Pacific, in the lease of a 3,435 sq. ft. retail suite located at 550 SW Industrial Way in Bend. The Savy Agency will be expanding their current space.

Broker Bruce Churchill of Compass Commercial Real Estate Services represented the buyer, CGK Investments, in the acquisition of 1537 NE 4th Street in Bend. The 1,248 sq. ft. office building on 0.27 acre was purchased for $515,000.

Broker Herb Arathoon, CPA® of Compass Commercial Asset & Property Management represented the landlord, Mary Albright, in the lease renewal of a 3,998 sq. ft. office suite at 18 NW Oregon Avenue in Bend.

Compass Commercial Real Estate Services broker Robert Raimondi, CCIM represented both the seller, Aero Facilities, LLC, and the buyers, Dale and Lisa Zatz, in the disposition of a 3,600 sq. ft. hangar located at 63205 Gibson Air Road in Bend. The hangar sold for $325,000.

Brokers Pat Kesgard, CCIM and Kristie Schmitt of Compass Commercial Real Estate Services represented the tenant, E.B. Miller Law, LLC, in leasing a 2,020 sq. ft. office suite located at 210 NW Irving Avenue in Bend. Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM and Grant Schultz represented the landlord, Carriage House Building, LLC.

Brokers Dan Kemp, CCIM and Peter May, CCIM of Compass Commercial Real Estate Services represented both the landlord, Ridge Runner LLC, and the tenant, Yozamp Product Company, LLC, in leasing a 6,500 sq. ft. industrial suite located at 4620 SW 23rd Street in Redmond.

Compass Commercial Real Estate Services broker Graham Dent represented both the landlord, La Crosse Schaefers, LLC, and the tenant, Active Learning Academy, in the lease of a 7,163 sq. ft. classroom space at 2525 NE Studio Road in Bend.