Navigating success for our clients since 1996
info@compasscommercial.com
Property Mgmt. (541) 330-0025
Main (541) 383-2444

Blog Archives

Home/Industrial
Humm Kombucha CS feature

HUMM KOMBUCHA

by on 19 March 2020in


TENANT: Humm Kombucha

LANDLORD: Jean A. Pozzi Trust

SERVICES: Tenant and landlord representation.

LOCATION: 20720 Brinson Blvd., Bend, OR

CHALLENGE & SOLUTION: Compass Commercial was engaged to facilitate the relocation of a highly successful Kombucha manufacturer, operating out of a 5,000 sq. ft. brewery and tap room, to accommodate the company’s rapid growth.

Once a suitable location was found, the deal structure proved to be highly complex considering the improvements and build outs required to convert this 31,382 sq. ft. former log storage warehouse with minimal infrastructure to a high capacity Kombucha manufacturing facility.

This was truly a partnership project with the landlord making a significant investment in the building adding utilities adequate for brewing, docks and contributing to Humm’s construction costs which included adding a second floor. Humm Kombucha now operates out of this state-of-the-art facility of over 40,000 sq. ft. on a long-term lease, assuring that they will have a home base for many years to come with room to grow and the landlord has a fully operational investment.

BROKERS: Ron Ross, CCIM |  Terry O’Neil, CCIM  |
Pat Kesgard, CCIM

What can we do for you?

 

Grace-Bio Labs

GRACE BIO-LABS

by on 19 March 2020in

TENANT: Grace Bio-Labs

LANDLORD: Rivers East LLC

SERVICES: Tenant and landlord representation along with the sale of the property in 2016. Buyer represented by Ron Ross, seller represented by Howard Friedman.

LOCATION: 1015 SW Emkay Dr., Bend, OR

CHALLENGE & SOLUTION: At the time of purchase by Rivers East LLC in March of 2016, there were two buildings on the property, a small office building originally built in 1991 for a church administration office and a large 2-story industrial building built in 1995 for R&D and light manufacturing. The buildings and grounds were outdated and the flow between the two buildings was awkward.

Grace Bio-Labs, a locally owned business that designs and develops molecular diagnostics tools, services, and consumable products, had outgrown one of their two facilities and was looking to expand near their existing facility, along with having a showcase world headquarters. The owner, an architect by trade, worked alongside Steele Associates Architects to completely remodel the two older buildings into one beautiful new structure by joining them with an atrium-style connection, complete with ADA elevator access. The outside was completely refurbished, landscaping updated, parking lot reconfigured and a lovely new seating and lounging area was developed.

BROKERS: Howard Friedman, CCIM  |  Ron Ross, CCIM

What can we do for you?

 

Murray Rd Industrial Center

MURRAY ROAD INDUSTRIAL CENTER

by on 19 March 2020in

CLIENTS: Melissa & Brad Kent, Rick Hurley

SERVICES: Leasing of industrial flex space.

LOCATION: 20495 Murray Rd., Bend, OR

CHALLENGE & SOLUTION:Lease 76,000 sq. ft. of space in a newly renovated 115,094 sq. ft. industrial building that was converted from a single-user building into a multi-tenant building with suite configurations ranging in size from 5,000 – 40,000 sq. ft.

Compass Commercial was able to lease all of the vacant space to a variety of businesses within 18 months of taking on the assignment. All leases were triple net and the majority were five-year terms or longer with standard 3% annual escalators.

BROKERS: Dan Kemp, CCIM  |  Bruce Churchill, Principal Broker

What can we do for you?

 

District 2 NorthWest Crossing

DISTRICT 2

by on 16 March 2020in

CLIENT: Taylor Development

SERVICES: Leasing.

LOCATION: 525 & 549 York Dr., Bend, OR

CHALLENGE & SOLUTION: The primary challenges were the industrial zoning, which prohibited many companies who were initially interested in the project, and high lease rates which were not affordable by typical industrial tenants.

The solution was to target tech companies whose primary assets are their employees and to position District 2 as a tech campus in a collegial setting. The project was designed with exposed truss ceilings, garage doors, open space and lots of natural light. This environment provides employees with modern workspaces allowing them to interact and learn from each other as well as easy access to recreation opportunities.

Prior to completion of construction, District 2 was 100% leased to a who’s who of Bend tech companies. It led into District 2 West, with 60,000 sq. ft., which was over 90% preleased primarily to tech companies. Compass Commercial was also awarded the listing for District 2 East, the 52,000 sq. ft. third phase of the District 2 developments.

BROKERS: Bruce Churchill, Principal Broker  |  Jay Lyons, SIOR, CCIM  |  Grant Schultz

What can we do for you?

 

50-Acre San Marcos Industrial Park

Ground-Up Construction

by on 9 March 2020in

Our crew of seasoned professionals are experienced with the ground-up construction a wide variety of building types including office, industrial, warehouse, retail, restaurant and medical. We have experience in masonry, grading, blasting, mining, rock processing, infrastructure work including sewer, water, gas and roads.

We’ll keep you informed throughout each phase of construction from the permitting process through move in day and beyond to ensure your project goes smoothly and stays on budget

Construction Team: Steve Hendley, Managing Partner  |  Dale Hendley, Project Manager  |  Tom Snell, Superintendent  |  Carl Clements, Project Manager

What can we build for you?

 

Industrial Owner User/Investor Opportunity

by on 4 October 2014in

This beautiful climate-controlled showroom area includes a 12′ X 12′ roll-up door and warehouse/shop space with three-phase power available. The prime location has excellent access to the Bend Parkway via Reed Market Road. It is currently configured as a woodworking shop with the equipment for sale separately.

Lease Rate: $0.85/SF/Mo. NNN

Location: Bend’s Southeast Side
Property Type: Industrial
Zone: Light Industrial (IL)
Size: Suite 101 – 7,927 SF
Contact: Terry O’Neil, CCIM | Ron Ross, CCIM
Listing: View LoopNet Listing

63120 Nels

Owner User Industrial Building

by on 4 October 2014in

Steel industrial building with great access to and from Highway 97. The property has a fenced lot for parking along with 10 high bay doors, oil/water separators, and pneumatic distribution. A great opportunity for an owner user.

Price: $1,950,000

Location: Bend’s Northeast Side
Property Type: Industrial
Zone: Light Industrial (IL)
Size: 12,580 SF | 1.12 Acres
Contact: Pat Kesgard, CCIM | Kristie Schmitt, Broker
Listing: View LoopNet Listing

Brand New High-End Industrial Building

High-End Industrial Building

by on 4 October 2014in

Brand new building currently built out as a luxury dog resort and daycare. This state-of-the-art facility features 13′-15′ ceiling heights, high-polish concrete flooring, metal clad storefront windows, high-end modern interior finishes, and a forced-air heating and cooling system. The Industrial General (IG) zoning allows for a wide range of building uses including manufacturing, showroom, warehouse storage, distribution and more. The building is centrally located in Bend’s southeast industrial area just off of Wilson Avenue.

Sale Price: $2,600,000

Location: Central Bend
Property Type: Industrial Building
Zone: Industrial General (IG)
Bldg. SF: 8,984 SF
Lot Size: 0.79 Acres
Contact: Dan Kemp, CCIM | Peter May, CCIM
Listing: View LoopNet Listing

693 Glenwood

Bend Industrial Building

by on 2 October 2014in

This brand new industrial building is in a great central Bend location with good parking. The building is to be built in shell condition and can be demised to suit tenant needs.  Most of the first floor space consists of 1,500 SF with office space on the second floor mezzanine.

Construction is expected to be completed by late summer 2020.

Lease Rate: $1.10/SF/Mo. NNN

Location: Southeast Bend
Property Type: Industrial
Zone: General Industrial (IG)
Size: 2,780 – 12,556 SF
Contact: Ron Ross, CCIM | Terry O’Neil, CCIM | Luke Ross, Broker
Listing: View LoopNet Listing