The retail sector here is growing faster than almost any other place in the state.
“Bend’s role as a regional retail hub is hugely important. Consider that the next closest Target after Bend’s is a 2.5-hour drive over a serpentine pass in Eugene. Even though a mere 57,500 people live within a 10-minute drive of the Bend store—the second-smallest market area for any Target in the state after Albany—the Highway 97 location can thrive because who in half of Oregon doesn’t need toothpaste or a Rubbermaid bin from time to time?” — Tim Neville writes in Oregon Business
What’s driving the boom?
- Retail jobs in 2015 in Deschutes County grew 9.6%, year over year, to 11,230 jobs, the vast majority of them in Bend.
- Shoppers last year pumped more than $503 million into the Deschutes County economy, the bulk of that in Bend as well, a 16% increase since 2012.
- OSU-Cascades’ new 4-Year University campusis gearing up to welcome it’s first class in the Fall 2016.
Read the Oregon Business story HERE. View Compass Commercial’s current RETAIL LISTINGS.