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Tag : Local Economy

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Okawa Steak House & Sushi in Bend, OR

Okawa Steak House & Sushi is OPEN!

by Compass Commercialon 12 September 2016in Retail & Restaurants

Central Oregon fans of Hibachi style dinners rejoice! Okawa Steak House & Sushi is now open in Bend!

Located at the corner of Reed Market and 3rd Street in the former Outback Steakhouse location, the restaurant held a soft opening last week.

While new to Bend, owner Mickey Lin is not new to the restaurant business. As he recently recounted to our marketing manager, he was only 15 when his family came to the United States from China to make a home in Boise, Idaho, where they opened a successful Chinese restaurant which the family operated for years. It was in this environment that Mickey learned the business and developed a work ethic that he would apply to his own restaurant businesses, including Los Angeles-based, World Buffet and the first location of Okawa Steak House and Sushi in Santee, California.

In Santee, Okawa’s 3,000 square foot strip mall location was packed every night. Seating at the hibachi tables required advance reservations and with Mickey’s focus on customer service, he found a recipe for success.

In late 2014, Mickey started to investigate areas in the Pacific Northwest for expansion and after searching for some time, he zeroed in on a strip mall location in Bend once occupied by Outback Steakhouse.

Reviewing area demographics, the promising numbers projected in a growing Bend economy, and the city’s lack of a Hibachi-style restaurant, Mickey and his partner, Alex Jiang, head sushi chef, committed to leasing the 6,120 square foot space in December 2015.

As building permits were secured, the new tenants began their extensive interior remodel to convert the space to become Okawa.  After eight months of renovations, the doors finally opened to customers in a soft opening last week.

Menu options will delight fans of traditional Hibachi-style restaurants, (folks who travel to Portland for Benihana, listen up!). The prices are comparable, if not even less, and the flavors are unique to Okawa.

Compass Commercial brokers, Pat Kesgard, CCIM, Peter May, CCIM, Russell Huntamer, CCIM and Joel Thomas, broker represented the landlord in the lease negotiation.

Okawa Steak House & Sushi, 1180 SE 3rd St, Bend, OR 97702

Reservations recommended: (541) 640-8056

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City of Bend aerial shot

Bend & Redmond with biggest job growth

by Compass Commercialon 30 June 2016in Local Economy & Community

Bend/Redmond tops the U.S. Metro list of fastest job growth in 2015.

Source: Portland Business Journal
June 30, 2016
Erik Siemers, managing editor of the Portland Business Journal.

The U.S. Conference of Mayors last week released a new economic report showing how the country’s cities and metro areas are driving economic growth.

In particular, the study showed that metro areas accounted for 96.5 percent of all new U.S. Jobs last year — the highest mark in 16 years.

As the Business Journal highlights the region’s biggest employers in this week’s print edition, the graphic below takes a look at some of the most interesting data from the USCM report.

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Boneyard Beer

Boneyard Beer to Open Pub on Division St.

by Compass Commercialon 10 June 2016in Retail & Restaurants

Earlier this year, Compass Commercial’s Pat Kesgard represented the sale of 1955 NE Division Street to a buyer that had plans to convert the space to a brew pub. For locals (and those without a nose for craft brews), the notion of another brew pub opening in Bend might have generated an eye roll, but when rumors began to circulate that it was Boneyard Beer that had taken on the space, fans of the rebel brewery gleefully waited in anticipation for the pub’s planned opening this summer.

Compass Commercial’s Erich Schultz and Jay Lyons represented Boneyard in the purchase of the 4,857 square foot building, with a history that includes both Mexican and Chinese food restaurants as former tenants. Read more about Boneyard’s journey from an off the beaten path 300 square foot tasting room to the opening an off the beaten path brew pub in the latest issue of 1859 (story below).

BONEYARD BEER TO OPEN BEND PUB

Source: 1859 written by Bronte Dod | photos by Kellie Standish

Never say never.

Tony Lawrence, founder and co-owner of Boneyard Beer, was once quoted as saying that he makes beer not burgers, and that Boneyard would never open a pub. But soon, Boneyard will do just that. The brewery has purchased a property on Division Street on the east side of Bend, and will open a pub by the end of the summer.

Rumors in the beer industry spread fast, especially in Bend, with twenty-nine craft breweries and a culture built on beer.

After the closely guarded secret was leaked earlier this year, Boneyard posted a photo on Instagram confirming the news. The picture showed the word “Boneyard” graffitied on a concrete wall with the caption “Just having a little fun decorating the walls of our new PUB! Opening in Bend this summer…you ready or what!?”

Unsolicited resumes came flooding in, as did calls from the media. Boneyard kept its head down, quietly brewing more beer and making plans for the pub. Lawrence, while appreciative, doesn’t love the attention.

“We like to believe that we’ll do a good job and let the chips fall where they may,” Lawrence told me in an interview.

Boneyard is known for being a nontraditional force in the brewing industry. The pub comes six years after Boneyard started brewing beer. It’s a break from the typical brewpub strategy—and fitting with Lawrence’s own path.

Lawrence got his start at the beginning of the craft beer boom in the 1980s. He landed in Bend not with a passion for beer, but for the mountain. John Harris, the first brewmaster at Deschutes Brewing, hired Lawrence as a dishwasher. When he first met Lawrence, he saw him as a snowboard bum with a spark for brewing.

“He had a good work ethic,” Harris said. Seeing potential, Harris promoted Lawrence to be a cleanup brewer.

“I showed him here was a job he could have, but he’s got to work his ass off,” Harris said. “Once Tony got into brewing, he got way into brewing.”

In the two decades Lawrence worked in the brewing industry he slowly amassed his own “boneyard” of brewing equipment. Then in 2010, along with two other cofounders, Melodee and Clay Storey, Lawrence officially started brewing Boneyard beer. After slowly building a loyal Boneyard following, its flagship RPM IPA was voted Oregon’s best beer in 2015.

Since the first barrel was brewed, Boneyard beer has only been available on tap or in three-ounce tasters at the brewery’s tasting room. While the tasting room is always packed, legal restrictions in the 300-square-foot industrial space prevent Boneyard from serving pints, which was one part of the impetus to open a pub.

For Lawrence, the pub is part of a larger, long term plan for Boneyard. Lawrence also doesn’t want Boneyard to miss out on Bend’s beer tourism industry.

“The tourism in Bend is so wild, and people are so interested in craft beer,” Lawrence said. “At this point in the game we’re probably leaving the brand a little short.”

Lawrence won’t reveal many details about the pub, but the plans are being made by the Boneyard team, which is made up of about twenty employees including brewers, office staff and employees at the tasting room.

“Six years into it, we’ve got a really good brewing team and staff, and a rhythm and pattern so that we can experiment with this other opportunity,” Lawrence said.

Part of that rhythm is the communications manager, Kate Fleming-Molletta, who has worked with Boneyard and Lawrence for four years.

“[Lawrence] has his hands in basically every part of the business,” said Fleming-Molletta. “He’s very involved, and since we’re small that works.”

Fleming-Molletta said that it took some time for all the employees to get on board with the pub, but now, everyone is excited.

“We’re going to put a focus on the food. We’re going to make it as good as our beer. It’ll be a destination spot. We’re not downtown. We’re not in any of the super hip areas,” Fleming-Molletta said. “But it wouldn’t be Boneyard if it wasn’t off the beaten path.”

An opening date for the pub still hasn’t been announced. Holding true to its original ethic, Boneyard won’t be serving burgers. Sometimes, you can say never.

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Box Factory in Bend, OR

Construction Services Project Update

by Compass Commercialon 22 October 2015in Construction Services

Here’s an update on Compass Commercial Construction Services projects in the works or near completion:

Client: Riverpointe II
Location: 150 NW Pacific Park Lane, Bend
Project: Tenant Improvement Remodel – 2nd floor improvements, lobby remodel; 1st floor tenant improvement/remodel

Client: Old Mill Marketplace
Location: 550 NW Arizona Ave., Bend
Multiple suites under various stages of construction, including underground sewer and water extension; Fire sprinkler redesign and installation/upgrades;

Client: Gear Fix
Location: Old Mill Marketplace –  550 NW Arizona Ave., Suite 183
Project: Demo and tenant improvement remodel

Client: Atelier 6000
Location: Old Mill Marketplace – 550 NW Arizona Ave., Suite 180
Project: Demo and tenant improvement remodel

Client: Bend Tour Company
Location: Old Mill Marketplace – 550 NW Arizona Ave., Suite 125
Project: Demo and tenant Improvement remodel

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