We are pleased to announce notable commercial transactions closed by the firm during the month of August.
Compass Commercial brokers Ron Ross, CCIM, Peter May, CCIM and Dan Kemp represented Brayco, LLC in the purchase of the 2.34 acres of commercial land located at 61070 South Highway 97 in Bend. The transaction was valued at $1,640,000.
One Putt Investments, LLC sold the 10,000 square foot industrial building sitting on 0.70 acre located at 20685 Carmen Loop in Bend. Brokers Terry O’Neil, CCIM and Ron Ross, CCIM of Compass Commercial represented the transaction valued at $1,195,000.
Compass Commercial brokers Peter May, CCIM and Dan Kemp represented 1132 Newport, LLC, the seller of 1132 NW Newport Avenue in Bend. The transaction for the 1,834 square foot retail space was valued at $1,000,000.
Foxtail Bakeshop, LLC leased the 2,228 square foot retail space located in the Box Factory at 555 NW Arizona Avenue in Bend. Russell Huntamer, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz, brokers of Compass Commercial represented both the landlord and tenant in the lease transaction.
Humm Kombucha leased the 11,468 square feet of industrial space located at 20695 Brinson Boulevard in Bend. Compass Commercial brokers Ron Ross, CCIM and Terry O’Neil, CCIM represented the tenants in the transaction. Brokers Dan Kemp and Peter May, CCIM also of Compass Commercial represented the Ronald L. & April A. Hiatt Revocable Living Trust.
Peter May, CCIM, Russell Huntamer, CCIM and Ron Ross, CCIM brokers of Compass Commercial represented the sellers, in the sale of a 2,184 square foot duplex, sitting on 0.89 acre, located at 61671 Daly Estates Drive in Bend. The transaction was valued at $430,000.
Dan Kemp, broker for Compass Commercial represented Bruce & Terri Kemp Trust in the sale of 2 acres of industrial land in Redmond. The sale transaction was valued at $283,140.
The remaining 992 square feet of retail space at Neff Place, 1500 NE Cushing Drive in Bend was leased. The landlord, Neff Place, LLC was represented in the transaction by Russell Huntamer, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial.
Compass Commercial broker Robert Raimondi, CCIM represented both Aero Facilities, LLC, the seller, and SGS Development, LLC, the buyer, in the transaction of 2 lots of industrial land located at 63100 Gibson Air Road near the Bend Municipal Airport. The transaction was valued at $165,000.
Dr. Jason Richards of Bend Anxiety Clinic leased 1,150 square feet of office space at 777 NW Wall Street in downtown Bend. Both the tenant and the landlord were represented by Erich Schultz, SIOR, Grant Schultz and Howard Friedman, CCIM of Compass Commercial.
Compass Commercial brokers Howard Friedman, CCIM, Erich Schultz, SIOR, Jay Lyons, SIOR, CCIM and Grant Schultz represented Tennant & Taylor, LLC, the landlord, in the leasing 1,208 square feet of office space located at 497 SW Century Drive in Bend.
Folium, Inc. leased the 910 square foot retail suite located at 2747 NW Crossing Drive in Bend. Compass Commercial broker Howard Friedman, CCIM represented Folium, Inc. Brokers Graham Dent, Pat Kesgard, CCIM and Kerri Standerwick also of Compass Commercial, represented the landlord, Fremont NWX, LLC in the transaction.
Compass Commercial brokers Erich Schultz, SIOR, Jay Lyons, SIOR, CCIM, Joel Thomas and Grant Schultz represented Bend Memorial Clinic, the sub-landlord, in sub-leasing 5,800 square feet of medical office space located at 1080 Mount Bachelor Drive in Bend.
Peter May, CCIM broker of Compass Commercial represented MNE Holdings, Inc. in the leasing of two suites at 2659 SW 4th Street in Redmond. The total office space leased in the transaction was 2,703 square feet.
If you have questions about these transactions, please contact the appropriate broker at Compass Commercial Real Estate Services at 541.383.2444.