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Central Oregon CRE January 2020 Transactions

Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during the month of January 2020.

Brokers Joel Thomas, CCIM, Pat Kesgard, CCIM and Kristie Schmitt of Compass Commercial Real Estate Services represented the seller, WG Prineville, in the disposition of 1948 N Main Street in Prineville. The 233,000 sq. ft. industrial property on 54.31 acres sold for $2,300,000.

Principal Broker Bruce Churchill of Compass Commercial Real Estate Services represented the buyer, Kevin Spencer and Bruce Rhine, in the acquisition 5 tax lots totaling 3.47 acres located on the corner of Reed Market Road and NE 27th Street. Pat Kesgard, CCIM and Kristie Schmitt, Broker of Compass Commercial Real Estate Services represented the sellers in the transaction which sold for $1,660,000.

Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM, Peter May, CCIM and Tom Standish represented the landlord, RPP Bend I, LLC, in the lease of 5,706 sq. ft. of retail space in the former McGrath’s restaurant located at 3188 N Highway 97 in Bend. CHI Chinese and Sushi Bar will be moving into the space in summer 2020.

Brokers Terry O’Neil, CCIM and Adam Bledsoe of Compass Commercial Real Estate Services represented the buyer, Bonaventure Senior Housing, LLC, in the acquisition of 2.60 acres at 21086 Bear Creek Road in Bend. Terry O’Neil also represented the seller, Bendbearcreek, LLC. The parcel sold for $1,050,000.

Pat Kesgard, CCIM and Kristie Schmitt, Broker of Compass Commercial Real Estate Services represented the tenant, Stifel, Nickolas & Company, in the lease of a 4,396 sq. ft. office building located at 2731 NW Potts Court in Bend. Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM, Bruce Churchill and Grant Schultz represented the landlord, District 2 East, LLC.

Compass Commercial Real Estate Services broker Howard Friedman, CCIM represented the buyer, Bend-Redmond Habitat for Humanity, in the sale of 2285 S Highway 97 in Redmond. The 2.37 acre parcel was purchased for $930,855.

Brokers Adam Bledsoe and Terry O’Neil, CCIM of Compass Commercial Real Estate Services represented both the seller, Robert Marken, and the buyer, Bonaventure Senior Housing, LLC, in the disposition of 21050 Bear Creek Road in Bend. The 1.81 acre property was purchased for $725,000.

Compass Commercial Real Estate Services brokers Dan Kemp, CCIM and Peter May, CCIM represented the seller and the buyer in a $655,000 business sale of a Bend company in the construction industry.

Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM, Grant Schultz, Russell Huntamer, CCIM and Tom Standish represented both the landlord, JKC Bend, LLC, and the tenant, Bangers and Brews, LLC in leasing a 1,745 sq. ft. restaurant space at 1462 NE Cushing Drive in Bend. This will be Bangers and Brews’ second location in town.

Terry O’Neil, CCIM and Adam Bledsoe, Broker of Compass Commercial Real Estate Services represented the buyer, Bonaventure Senior Housing, LLC, in the sale of 2.25 acres on 21085 Don Street in Bend for $550,000.

Brokers Graham Dent and Adam Bledsoe of Compass Commercial Real Estate Services represented the tenant, Hasson Company Realtors, in the lease of a 3,260 sq. ft. office suite located at 721 SW Industrial Way in Bend. Brokers Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services along with Erich Schultz of Schultz CRE represented the landlord, Crane Shed, LLC.

Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM, Tom Standish, Jay Lyons, SIOR, CCIM and Grant Schultz represented both the landlord, Old Mill Retail, LLC, and the tenant, Round Rock Investments, LLC in leasing a 2,438 sq. ft. retail suite in the Box Factory located at 555 NW Arizona Avenue in Bend.

Jay Lyons, SIOR, CCIM, Grant Schultz, Broker, Russell Huntamer, CCIM and Tom Standish, Broker of Compass Commercial Real Estate Services represented both the landlord, Neff Place II, LLC, and the tenant, Lone Pine Coffee Roasters, LLC, in the lease of a 1,473 sq. ft. retail space at 1462 NE Cushing Drive in Bend. Lone Pine Coffee Roasters is planning to open their second location in late summer 2020.

Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM, Grant Schultz, Russell Huntamer, CCIM and Tom Standish represented both the tenant, BSD Holdings, LLC, and the landlord, JKC Bend, LLC, in leasing a 1,500 sq. ft. restaurant space located at 1462 NE Cushing Drive in Bend.

Compass Commercial Real Estate Services broker Robert Raimondi, CCIM represented both the landlord, NFT Investments, LLC, and the tenant, Humm Kombucha, LLC, in the lease a 10,000 sq. ft. industrial building at 20576 Painters Street in Bend.

Brokers Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services represented the seller, EK Investments, LLC, in the sale of 20755 High Desert Lane in Bend. The 0.68 acre industrial parcel sold for $400,000.

Jay Lyons, SIOR, CCIM and Grant Schultz, Broker, Russell Huntamer, CCIM and Tom Standish, Broker of Compass Commercial Real Estate Services represented the landlord, JKC Bend, LLC, in lease 1,872 sq. ft. of retail space at 1462 NE Cushing Drive in Bend. Brokers Russel Huntamer, CCIM and Tom Standish of Compass Commercial Real Estate Services also represented the tenant, Tread Tabata LLC.

Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM and Grant Schultz represented the landlord, Bob Conklin, in leasing a 5,119 sq. ft. suite at 62971 Plateau Drive in Bend. The suite was leased to James Michelle Jewelry.

Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kristie Schmitt represented the tenant, Woodright Cabinets, LLC, in leasing 13,000 sq. ft. of office space at 20515 Murray Road in Bend.