Navigating success for our clients since 1996
info@compasscommercial.com
Property Mgmt. (541) 330-0025
Main (541) 383-2444
Compass Commercial Real Estate Services Bend OR
  • Search Our Listings
  • What We Offer
    • Brokerage
    • Asset & Property Management
    • Construction Services
    • Market Report
  • Our Team
  • About Us
  • Contact Us
  • Search Our Listings
  • What We Offer
    • Brokerage
    • Asset & Property Management
    • Construction Services
    • Market Report
  • Our Team
  • About Us
  • Contact Us

News

Home/Compass Commercial News/Press Releases/Compass Commercial Sells Putnam Pointe Retail Condos
750 NW Lava Rd_web

Compass Commercial Sells Putnam Pointe Retail Condos

by Compass Commercialon 13 June 2017in Press Releases

We would like to announce the sale of the retail condos at Putnam Pointe, located at 750 Lava Road in downtown Bend. The property was sold as an investment and sold for $2,525,000. The deal closed on May 30, 2017 with the seller Housing Works represented by Compass Commercial broker, Howard Friedman, CCIM. According to Friedman, “An out of town investor moving to Bend purchased this building and others in Bend after selling a small shopping center in California. This is a trophy downtown property with 4 quality tenants, anchored by Visit Bend and the Jackalope Grill.” The 8,268 square feet of the ground level retail space is fully leased and is also currently occupied by Studio DeVine Beauty Boutique, Latitude 44° Realty.

Putnam Pointe at 750 Lava Road, Bend, Oregon Floor PlanThe property was built in 2009 zoned as Central Business (CB), including retail space with apartments in the above stories. It is a very unique space, adjacent to the public parking garage, there is resident parking below and a courtyard on the ground level, hidden from the street. The structure has concrete floors at the retail level with a modern, industrial touch. When the property was dedicated in 2009, Cascade Business News covered the event with an article about the building (Read here.). Above the ground floor retail, there are 33 affordable housing apartments and 10 condominiums that Housing Works of Bend manages.

Share this article
0
0
0
previous article

Murray Road Industrial Building, Suite Leased

next article

Central Oregon CRE Update – May Transactions

Categories

  • Advisor Insights
    • Dan Kemp, CCIM
    • Howard Friedman CCIM
    • Jay Lyons, SIOR, CCIM
    • KBND Interviews
    • Pat Kesgard, CCIM
    • Peter May, CCIM
    • Ron Ross, CCIM
    • Steve Toomey, CCIM
  • Client Solutions/Case Studies
    • Business Sales
    • Construction Services
    • Property Management
    • Retail & Restaurants
    • Sales/Leasing
  • Compass Commercial News
    • Awards & Lists
    • Compass Cares
    • Press Releases
      • Business Sales
    • Transaction News
  • CRE Industry
  • Helpful Resources & Links
    • Community Resources
    • FAQ: Common CRE Questions
  • Investing in CRE
  • Local Economy & Community
    • Economic Development
  • Market Research
    • Central Oregon Multifamily News
    • Compass Points Market Report
  • Op Ed
  • Uncategorized

Get In Touch

  • 600 SW Columbia St., Suite 6100 Bend, OR 97702
  • 541-383-2444
  • info@compasscommercial.com
  • www.compasscommercial.com

Leave a Review

What We Offer

Services

Brokerage

Asset & Property Management

Construction Services

Featured Properties

Our Company

About Compass

Experience

Compass Cares

Our Team

Join the Team

Learn More

Market Report

CRE Resources

Press Releases

Client Stories

Construction Portfolio

Why Central Oregon

© Copyright 2020 Compass Commercial. Digital Marketing Agency Credit.

Signup for News & Listing Alerts   |    Contact Us   |    (541) 383-2444