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Home/Compass Commercial News/Transaction News/August 2020 Notable Commercial Transactions
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August 2020 Notable Commercial Transactions

by Lauren Evanson 16 September 2020in Transaction News

Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm in August 2020.

Broker Terry O’Neil, CCIM of Compass Commercial Real Estate Services represented the buyer, Big B, LLC, in the acquisition of 350 NE Addison Avenue in Bend. The 15,000 SF industrial building on 1.71 acres was purchased for $2,850,000.

Compass Commercial Real Estate Services brokers Ron Ross, CCIM and Terry O’Neil, CCIM represented both the seller, Spring Family Investments, and the buyer, Paiute Building, LLC, in the sale of 1052 SE Paiute Way in Bend. The 10,560 SF industrial building on 0.58 acres sold for $1,575,000.

Brokers Ron Ross, CCIM, Dan Kemp, CCIM, Pat Kesgard, CCIM and Kristie Schmitt of Compass Commercial Real Estate Services represented the buyer, Deschutes Public Library, in the purchase of 12.75 acres of commercial land located at 63405 NE Highway 20 in Bend for $1,350,000. The Library intends to build a new district-wide flagship library facility on the site.

Compass Commercial Real Estate Services broker Robert Raimondi, CCIM and broker Luke Ross of Compass Commercial Asset & Property Management represented the landlord, Sherman Road Property, LLC, in the lease of a 19,029 SF industrial suite located at 63028 Sherman Road in Bend.

Broker Joel Thomas, CCIM of Compass Commercial Real Estate Services represented the tenant, Seasonal Marketing Inc., in the lease of a 13,206 SF industrial suite located at 1090 NE 11th Street in Redmond.

Compass Commercial Real Estate Services broker Howard Friedman, CCIM represented the seller, Robert Willis, in the disposition of a 1,050 SF restaurant located at 411 E Hood Avenue in Sisters. The property was sold for $350,000.

Brokers Ron Ross, CCIM and Dan Kemp, CCIM of Compass Commercial Real Estate Services represented the seller, City of Bend, in the sale of 24 NW Kansas Avenue in Bend. Broker Howard Friedman, CCIM of Compass Commercial Real Estate Services represented the buyer, Central Oregon Environmental Center. The 0.13-acre parcel was purchased for $339,720.

Compass Commercial Real Estate Services broker Robert Raimondi, CCIM represented the seller, Aero Facilities, LLC, in the disposition of a 3,600 SF hangar on 24 acres located at 63205 Gibson Air Road in Bend.

Brokers Ron Ross, CCIM and Terry O’Neil, CCIM of Compass Commercial Real Estate Services represented the landlord, Paiute Building, LLC, in the lease of a 7,927 SF industrial suite located at 1052 SE Paiute Way in Bend.

Compass Commercial Real Estate Services broker Russell Huntamer, CCIM represented both the landlord, CVSC, LLC, and the tenant, Board & Brush, in the lease of a 2,040 SF retail space located at 63455 N Highway 97 in Bend.

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