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Cultus Lake Resort, 55885 Cascade Lakes Hwy, Bend, OR 97707

Cultus Lake Resort under new ownership

by Compass Commercialon 14 March 2018in Business Sales

We are pleased to announce the sale of the Cultus Lake Resort, a popular vacation destination located 45 miles southwest of the City of Bend off the Cascade Lakes Highway. The resort is situated on 7.99 acres of land owned by the Forest Service and operates under a special use permit. All assets of the…

Bear Creek Village Multifamily Property, Bend, Oregon

Central Oregon CRE Update – February Transactions

by Compass Commercialon 9 March 2018in Transaction News

We are pleased to announce notable commercial transactions closed by the firm during February 2018. Bear Creek Village, LLC sold the Bear Creek Apartments located at 155 NE Craven Road in Bend. The 48-unit multifamily apartment complex consists of duplexes, tri-plexes and four-plexes on 5.38 acres. Compass Commercial brokers Dan Kemp, Jay Lyons, SIOR, CCIM…

KBND: Economic Cycle & Land Development

by Compass Commercialon 7 March 2018in KBND Interviews

Where are we in the economic cycle? What does development look like with the limited supply and the high demand? One thing is sure, demand is high for growing companies and companies wanting to move to Bend. President, partner and broker Pat Kesgard, CCIM shares about the nuances of taking advantage of the unannexed UGB…

Top Producer of 2017

by Compass Commercialon 21 February 2018in Compass Commercial News

Each year Compass Commercial holds an annual meeting to celebrate the accomplishments of the amazing people that contribute to the company’s success. Awards are given in many different categories and on the brokerage side of the business the highest achievement would be Compass Commercial’s Top Producer of the Year award. This award is presented to…

Central Oregon CRE Update – January Transactions

by Compass Commercialon 14 February 2018in Transaction News

We are pleased to announce notable commercial transactions closed by the firm during the month of January 2018. Brokers Dan Kemp and Terry O’Neil, CCIM of Compass Commercial represented the Lois Jensen Living Trust, et al. in the sale transaction of the 9,242 square foot Lotus Building located on 0.67 acre at 300 SE Reed…

Commercial Real Estate Inventory for 2017

Inventory rates at the close of 2017

by Compass Commercialon 8 February 2018in KBND Interviews

Hear about the commercial real estate inventory rates in Central Oregon from Compass Commercial Real Estate Services president and partner broker Pat Kesgard, CCIM. He brings stats for vacancy from the close of 2017 for the various sectors of the CRE industry. Listen to the full interview with KBND’s Heather Roberts below. LISTEN NOW

Market Report: 2017 Summary/2018 Forecast

by Compass Commercialon 7 February 2018in Compass Points Market Report

Compass Commercial Real Estate Services has released its fourth-quarter 2017 market survey results with the 2017 summary / 2018 forecast for Bend’s office, retail and industrial and Redmond’s industrial market, included in this most recent issue of Compass Points. Here’s an excerpt from the main article: “SUMMARIZING the 2017 Market For the year, the Bend…

Top 7 blogs of 2017

by Compass Commercialon 30 January 2018in Compass Commercial News

Here’s a recap of our top seven blogs from 2017: Columbia Distributing building sold The 106,773 square foot industrial building sold for $16.3 million, fully leased to an investor. Celebrating clients, community partners and charities Our appreciation event each fall brings in clients and community partners from Central Oregon with the intent of honoring our partners and…

“Real estate professionalism at its best”

by Compass Commercialon 24 January 2018in Transaction News

Anytime we receive a testimonial, we are thankful to clients for taking the time to share about their experience in working with our brokers. Recently, after working with John Rice of Rice Properties on selling his industrial investment warehouse off American Lane, we received this glowing testimonial and we wanted to share it with you….

Awarded City of Bend Broker of Record

by Compass Commercialon 18 January 2018in Press Releases

Compass Commercial Real Estate was recently awarded the City of Bend Real Estate Broker of Record contract. It was awarded through an RFP process whereby all interested firms were invited to submit proposals. The top two applicants participated in a competitive presentation/interview process with City staff. Subsequently, Compass Commercial was selected and ratified by the…

Central Oregon CRE Update – December Transactions

by Compass Commercialon 11 January 2018in Transaction News

We are pleased to announce notable commercial transactions closed by the firm during December. Joel Thomas, broker at Compass Commercial represented Eric Kramer, the tenant, in leasing just over 1.0 acre of land located at 1424 NE Cushing Drive in Bend. Eric will be developing an east side food truck lot and tap house called…

Adam Bledsoe, broker at Compass Commercial Real Estate Services in Bend, OR

Adam Bledsoe joins the brokerage team

by Compass Commercialon 8 January 2018in Press Releases

We are pleased to announce the addition of Adam Bledsoe to our brokerage team. Adam comes to the company with a wealth of sales, management and marketing experience. He is highly competitive and has an entrepreneurial spirit. As founder of The Loft, an exclusive social club in downtown Bend, and a former mortgage banker for…