BEND, OR (November 20, 2015) — Compass Commercial Real Estate Services is pleased to announce last month’s notable transactions. The confidentiality requested by our clients is of the utmost importance and as such, not all of last month’s transactions are included in this update.
Wachenberg Investments, LLC purchased an 8,554 square foot retail building situated on 0.92 acres at 12035 SW Pacific Highway in Tigard, OR from Catspaw, LLC for a transaction value of $1,603,647. Compass Commercial brokers, Joel Thomas and Pat Kesgard, CCIM represented the buyer.
White Tiger Holdings, LLC sold a 7,813 square foot office building situated on a 14,810 square foot lot at 377 SW Century Drive in Bend to an undisclosed buyer for a transaction value of $1,570,000. Compass Commercial brokers, Russell Huntamer, CCIM and Peter May, CCIM represented the seller and Pat Kesgard, CCIM and Joel Thomas represented the buyer.
Bender Associates, LLC sold a 12,039 square foot retail property situated on a 40,075 square foot lot at 62070 27th St. in Bend to Residential Assistance Program for a transaction value of $1,500,000. Compass Commercial brokers, Ron Ross, CCIM and Robert Raimondi, CCIM represented the seller.
Clarendon Place, LLC sold 2.47 acres of land located at 62003 Dean Swift Road in Bend to DPM Properties for a transaction value of $1,150,000. Compass Commercial brokers, Russell Huntamer, CCIM and Peter May, CCIM represented both parties in the transaction.
Otis Holdings, LLC purchased Empire Mini Storage, a 125 unit mini storage facility situated on 37,462 square feet of land at 20428 Cady Way in Bend, OR. The purchase price was $995,000. Ron Ross, CCIM and Terry O’Neil represented the purchase.
Otis Holdings, LLC purchased the Spectrum Building, a 14,900+/- square foot office building located at 354 NE Greenwood Avenue in Bend. The purchase price was $958,000. Compass Commercial brokers, Ron Ross, CCIM and Terry O’Neil represented the buyer.
Mark Hettervig sold a 5,000 square foot industrial building situated on 6.41 acres of land at 65175 Highway 97 in Bend to Rowan Anderegg for a transaction value of $540,000. Compass Commercial broker, Terry O’Neil represented the seller.
Ya Tel Motel sold a 5,712 square foot investment property located at 640 Highway 101 North in Yachats, OR to Scott Gordon and Leila Gordon for a transaction value of $470,000. Compass Commercial broker, Howard Friedman, CCIM represented the seller.
Old Mill Retail, LLC leased a 6,636 square foot retail space in the Old Mill Marketplace located at 555 NW Arizona Avenue, Suite 183 in Bend to The Gear Fix. Compass Commercial brokers Russell Huntamer, CCIM, Erich Schultz, SIOR and Jay Lyons, CCIM represented both parties in the lease negotiation.
Palmer Clouston Trust sold 1.59 acres of land located at 62010 Dean Swift Road in Bend to Mays Adventures, LLC for a transaction value of $345,000. Compass Commercial broker, Stephen Toomey, CCIM represented the buyer.
Tobron Oregon, LLC leased a 3,924 square foot office building situated on 1.38 acres at 1000 SW Emkay in Bend to Real Time Research. Compass Commercial broker, Robert Raimondi, CCIM represented the lessor in the lease negotiation.
Oxarc, Inc. renewed its lease of a 6,000 square foot industrial property located at 20525 Robal Road in Bend from Sandeb LP. Compass Commercial brokers, Herb Arathoon, CPM® and Paul Weaver, broker, represented the lessor in the lease negotiation.
Tutoring Club of Bend renewed its lease of a 1,815 square foot office located at 745 NW Mt. Washington Drive in Bend from MWC E LLC & MWC G LLC. Compass Commercial broker, Herb Arathoon, CPM® represented the lessor in the lease negotiation.
For information on the transactions listed above, contact the brokers at Compass Commercial Real Estate Services at 541-383-2444.
About Compass Commercial Real Estate Services
Headquartered in Bend, Compass Commercial Real Estate Services is Central Oregon’s foremost-accredited provider of commercial real estate solutions including sales and leasing, tenant and buyer representation, asset and property management and construction services. Visit www.compasscommercial.com or follow us on Twitter @CompassCom.