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Home/Local Economy & Community/National Chain Stores in Bend Outperform National Averages
REI Stacks at Old Mill in Bend, OR

National Chain Stores in Bend Outperform National Averages

by Compass Commercialon 12 May 2016in Local Economy & Community
Photo by Joe Kline/Oregon Business

Photo by Joe Kline/Oregon Business

The retail sector here is growing faster than almost any other place in the state.

“Bend’s role as a regional retail hub is hugely important. Consider that the next closest Target after Bend’s is a 2.5-hour drive over a serpentine pass in Eugene. Even though a mere 57,500 people live within a 10-minute drive of the Bend store—the second-smallest market area for any Target in the state after Albany—the Highway 97 location can thrive because who in half of Oregon doesn’t need toothpaste or a Rubbermaid bin from time to time?” — Tim Neville writes in Oregon Business

What’s driving the boom?

Forum shops

The Forum Shops in Bend, OR

  • Retail jobs in 2015 in Deschutes County grew 9.6%, year over year, to 11,230 jobs, the vast majority of them in Bend.
  • Shoppers last year pumped more than $503 million into the Deschutes County economy, the bulk of that in Bend as well, a 16% increase since 2012.
  • OSU-Cascades’ new 4-Year University campusis gearing up to welcome it’s first class in the Fall 2016.

Read the Oregon Business story HERE.  View Compass Commercial’s current RETAIL LISTINGS.

 

 

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