Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during the month of July 2020.
Brokers Dan Kemp, CCIM, Pat Kesgard, CCIM and Kristie Schmitt of Compass Commercial Real Estate Services represented the seller, 27 Elm Partnership, in the sale of the 58-unit townhome project located on the corner of NW Elm Avenue and 27th Street in Redmond. The 71,274 SF multifamily unit on 2.76 acres sold for $13,200,000.
Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kristie Schmitt represented the seller, Sawyer Commercial Park, in the disposition of 63025 OB Riley Road in Bend. Broker Graham Dent, Partner of Compass Commercial Real Estate Services represented the buyer, Sawyer Park, LLC. The 27,000 SF industrial building on 1.8 acres was purchased for $2,950,000.
Broker Howard Friedman, CCIM of Compass Commercial Real Estate Services represented the buyer, Central Oregon Regional Housing Authority, in the acquisition of 2790 NE Conners Avenue in Bend. Compass Commercial Real Estate Services broker Dan Kemp, CCIM represented the seller, Hallmark Inns & Resorts, Inc. The 2.62 acre parcel sold for $1,950,000.
Brokers Joel Thomas, CCIM and Adam Bledsoe of Compass Commercial Real Estate Services represented both the seller, Portland State University Foundation, and the buyer, Cornerstone Realty Holdings, LLC, in the sale of 701 NW Spruce Avenue in Redmond. The 10.05-acre parcel sold for $1,465,000.
Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM and Terry O’Neil, CCIM represented both the tenant, Lucy’s Taco Shop, and the landlord, Robert & Joy Rudy Revocable Trust, in the lease of the 2,546 SF restaurant located at 916 NE 3rd Street in Bend.