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Central Oregon CRE Update – April Transactions

We are pleased to announce notable commercial transactions closed by the firm during April 2018.

Arthur A. Pozzi Trust leased the 80,370 square foot industrial building on 11.47 acres located at 20730 Brinson Boulevard in Bend to the Bend-La Pine School District. The landlord in the lease transaction was represented by Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kerri Standerwick.

Compass Commercial Real Estate Services brokers Joel Thomas, CCIM, Pat Kesgard, CCIM, and Kerri Standerwick represented the seller of multifamily property including 3 duplexes located at West 2nd Street and Meadow Lakes Drive in Prineville. The transaction was valued at $1,050,000.

Compass Commercial Real Estate brokers Ron Ross, CCIM, Dan Kemp, Pat Kesgard, CCIM and Kerri Standerwick represented the City of Bend in the sale of the 1.67 acre business site at Juniper Ridge, Lot 5 on the northeast side of Bend. The buyer was represented by Compass Commercial principal broker Bruce Churchill. The transaction was valued at $458,295.

Bend Dermatology leased the 5,445 square foot medical building located at 236 NW Kingwood Avenue in Redmond. Compass Commercial Real Estate Services broker Bruce Churchill represented the tenant and Terry O’Neil, CCIM represented the landlord Malwood, LLC in the lease transaction.

Partners in Care leased a 2,848 square foot suite in the office building located at 141 NW 6th Street in Redmond. Compass Commercial Real Estate Services broker Graham Dent represented the tenant in the transaction.

Theresa Rubadue-Doi renewed her lease of the 1,677 square foot office suite at 628 NW York Drive in Bend’s NorthWest Crossing. The landlord MWCYD E, LLC was represented by Compass Commercial Asset & Property Management broker Herb Arathoon, CPM® and the tenant was represented by Compass Commercial Real Estate Services broker Terry O’Neil, CCIM.

Bend Design Center, LLC leased a 1,808 square foot industrial suite in the newly constructed building located at 63052 Layton Avenue in Bend. Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM and Grant Schultz represented the landlord Willis R. Brown Trust in the transaction.

Compass Commercial Real Estate Services broker Terry O’Neil, CCIM represented the tenants Mark Palmer and Donna Angel in the lease of the 4,169 square foot industrial building located at 61515 American Loop in Bend.

Compass Commercial Real Estate Services broker Russell Huntamer, CCIM and Compass Commercial Asset & Property Management broker John Keba, CPM®, ARM® represented both the tenant Creative Wellness Studio and the landlord Brookswood Meadows, LLC in the lease transaction for 1,254 square foot retail space in the Brookswood Meadow Plaza located at 19570 Amber Meadow Drive in southwest Bend.

If you have questions about these transactions, please contact the appropriate broker at Compass Commercial Real Estate Services at 541.383.2444.