President, principal broker and partner, Pat Kesgard, CCIM spoke with Heather Roberts, co-host for KBND Morning News Interview. Compass Points® commercial real estate market report was released for the third quarter of 2018. Vacancy rates have dropped yet again. What does that mean for businesses in the region? Pat encourages businesses to be forward thinking…
Sora Sushi Japanese Restaurant, Inc. signed a lease for the 3,588 square foot restaurant space located at 3853 SW 21st Place in Redmond, Oregon, Suite 109. The restaurant is typical Japanese style offering of sushi delivered on a conveyor belt, as well as a full menu of cuisine including nori rolls, sashimi, yakisoba and more….
The North Carolina based Affordable Care, LLC denture provider signed a 10-year lease deal for 3,000 square feet of retail space in the Cascade Village Shopping Center at 63455 N Highway 97 in Bend. This is the first location for the denture provider in Central Oregon and the third location for this company in the…
We are pleased to announce notable commercial transactions closed by the firm in the month of October. The Deschutes Business Center located on Empire Avenue in Bend sold for $6,112,000. The seller of the 54,508 square feet of mixed use complex on 5.46 acres was represented by Compass Commercial Real Estate Services brokers Robert Raimondi,…
BEND’S CENTRAL DISTRICT TO FURTHER URBANIZE CITY Cover Article By Howard Friedman, CCIM The latest census predicts that the population of Bend will be 130,000 by 2030. With just under 95,000 people currently residing in the city limits, and just 2,380 acres recently added to the Urban Growth Boundary (UGB), new density philosophies will certainly be…
The following content is taken directly from the Central Oregon Multifamily News, Fall 2018 issue. New apartment construction is making headway in the region-wide housing shortage and affordability problems. The market is healthy and working. There is more housing availability, and rent growth has slowed dramatically from the recent years of double digit increases. New…
We are pleased to announce the investment sale of the Direct Business Center located at 20505 Robal Lane in Bend, Oregon. The transaction was valued at $2,600,000. The 15,000 square foot light industrial steel frame building on 1.31 acres was built in 2004 facing Highway 97 and is located across from the Cascade Village Shopping…
We are pleased to announce notable commercial transactions closed by the firm in the month of September. Compass Commercial Real Estate Services brokers Jay Lyons, SIOR, CCIM and Grant Schultz represented the buyer of the 4,500 square foot retail building on 1.12 acres located at 1720 Unser Boulevard in Albuquerque, New Mexico. The transaction was…
Last month we celebrated our clients, community partners and chosen charities at our annual Compass Appreciation Party. The event took place at Tetherow’s Event Pavilion; Tetherow Resort was the venue sponsor. This annual event celebrates the relationships our team has built over the years, and it also offers an opportunity to hear from and give…
We are pleased to announce the sale of the Deschutes Business Center located at 20332-20370 Empire Avenue in Bend. The property has easy access to Highways 97 and 20. Built in 1981, this concrete block construction consists of 39 suites in five buildings, making up the 54,508 square feet of mixed-use suites on 5.56 acres….
President, principal broker and partner, Pat Kesgard, CCIM spoke with Heather Roberts, co-host for KBND Morning News Interview. As one of the brokers of record for the City, Pat offers information about progress on the advisory committee for Juniper Ridge, the needs for infrastructure for that northeast portion of development in Bend. In addition, hear…
We are pleased to announce notable commercial transactions closed by the firm during the second half of August. Brokers Dan Kemp, Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services represented both the seller, Robinson Partners and the buyer, Hallmark Inns & Resorts, Inc. in the purchase of 2.59 acres of…