Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during the month of December 2020. Brokers Graham Dent and Robert Raimondi, CCIM of Compass Commercial Real Estate Services represented the seller, US Forest Service, in the sale of the 31.56-acre parcel of USDA Forest Service land located off…
Contract Furnishings Mart Opens New Bend Location
In October of 2020, Big 350 purchased 350 NE Addison Avenue in Bend for $2,850,000. Compass Commercial broker Terry O’Neil, CCIM represented the buyers, who purchased the property from High Desert Ranch and Home. The 15,000 SF industrial property became a new location for their business, Contract Furnishings Mart (CFM). The family-run business has multiple…
November 2020 Notable Transactions
Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during the month of November 2020. Brokers Howard Friedman, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services represented the seller, Helena Family, LLC, in the sale of 777 NW Wall Street in Bend….
Historic Post Office Plaza Sold
The historic downtown Bend building known as Post Office Plaza recently sold for $4,300,000. The 19,352 SF building located at 777 NW Wall Street has maintained its location in the heart of Bend’s historical district since 1932. Compass Commercial Real Estate Services brokers Howard Friedman, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz represented the…
Sisters Forest Service Land Sold for $2.8 M
The 31.56-acre parcel of USDA Forest Service land located off of Highway 20 in Sisters recently sold for $2,818,244. Brokers Robert Raimondi, CCIM and Graham Dent, Partner with Compass Commercial Real Estate Services represented the Forest Service in the deal. The Forest Service sold the property to finance the construction of a new ranger station…
October 2020 Notable Commercial Transactions
Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm in October 2020. Principal broker Bruce Churchill of Compass Commercial Real Estate Services represented the buyer, LBLM Investments, LLC and Three Sisters Holdings, LLC, in the sale of a 15.3 acres parcel on Brinson Boulevard. Compass Commercial Real Estate…
Multifamily Building Boom: Are we keeping up with demand
Written by Ron Ross, CCIM The talk of the multifamily community these days is the apartment building boom. Central Oregon has experienced a housing shortage for the last several years. The city of Bend is encouraging more multifamily housing. Historically, roughly 60% of all residential units constructed in Bend are single-family and 40% are multifamily….
Pat Kesgard Discusses Compass Points on KBND
Partner and broker Pat Kesgard, CCIM sat down with KBND host Frank Bonacquistie on Monday, November 2nd to discuss the Compass Points Q3 2020 report. Despite the COVID-19 pandemic, the commercial market remains strong. Bend was recently ranked as the fastest-growing medium-sized city in the U.S. by the personal finance website Wallethub. People from urban…
Introducing Compass Commercial’s New Look
All of us here at Compass Commercial are excited to introduce to you our new look! We loved our past look, but we felt it was time to bring our brand into the 21st century. Rest assured, we have no intention of changing the way we do business. Instead, we hope to continue to improve…
Compass Points Q3 2020 Market Report
Growth and New Construction in Central Oregon: The 2020 COVID-19 crisis caused businesses to pivot how they are operating. Those who were hit the hardest have been unable to keep their doors open. However, the Central Oregon commercial market is remaining strong with new construction popping up all over the area. What is causing this…