Notable Commercial Transactions

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Notable commercial transactions recently closed.

Brokers Peter May, CCIM and Russell Huntamer, CCIM with Compass Commercial Real Estate Services represented both the seller, Pahlisch Purcell Holdings, LLC, and the buyer, NW Bend Ocker Holdings, LLC, in the sale of 1.62 acres located at 2337 NE Ocker Drive in Bend. The commercial land sold for $1,125,000.

Karen Koppel, CCIM of NAI Cascade represented the buyer in the acquisition of a standalone retail building at 3425 Crater Lake Highway in Medford, OR. This investment property closed at $1,740,000.

Compass Commercial Real Estate Services broker Robert Raimondi, CCIM represented the seller, Paul Hanson, in the sale of 1825 NE 6th Street in Redmond. The 1,296 SF building sold for $275,000.

Jenn Limoges, CCIM of NAI Cascade represented the seller in the disposition of a 24-unit multifamily development. This is the second phase in a project to provide workforce housing in Sisters, OR. 

Brokers Pat Kesgard, CCIM and Kristie Schmitt with Compass Commercial Real Estate Services represented the tenant, Systems West Engineers, in the lease of a 2,339 SF office suite located at 550 NW Franklin Avenue in Bend.

Jenn Limoges, CCIM of NAI Cascade represented the Tenant and Landlord in leasing 1,427 SF of medical office at 1725 SW Chandler Avenue in Bend. The tenant, Pro Motion Physical Therapy, has operated out of Snap Fitness on Reed Market and will now have a flagship location on the west side. 

Compass Commercial Real Estate Services brokers Dan Kemp, CCIM and Adam Bledsoe represented the landlord in the lease of a 1,761 SF industrial suite located at 20495 NE Murray Road in Bend. Compass Commercial Real Estate Services broker Graham Dent represented the tenant, Recreation Equipment, Inc.

Jenn Limoges, CCIM of NAI Cascade represented BOSS Sports Performance in expanding their footprint at 1305 SE Armour Road in Bend. 

Walt Ramage of NAI Cascade and Jeff Reed of NAI Cascade represented the seller in the disposition of 650 NE Jackpine in Redmond for $1,500,000. This asset included an absolute net leased Dutch Bros and an owner/user Choice Car Wash. 

Walt Ramage of NAI Cascade represented the buyer and seller in the sale and purchase of 1029 SE Paiute in Bend. This property closed at $390,000 and will be used as storage/operations for Stilson Builders

Jeff Reed of NAI Cascade represented the Landlord and Karen Koppel, CCIM also of NAI Cascade represented the Tenant in leasing Suite 102 & 103 at 178 South Elm in Sisters. The tenant, Advantage Mortgage, is well established in Oregon, Washington and Idaho but are new to the Central Oregon market. 

Walt Ramage of NAI Cascade represented the Landlord and Karen Koppel, CCIM of NAI Cascade represented the tenant in leasing 4,360 SF of office space at 1080 Mt Bachelor in Bend. 

Lynn Coker of NAI Cascade Commercial Real Estate Services represented the tenant in leasing 2,208 SF of medical office at 1744 E. McAndrews in Medford, OR. 

Ken Streater of NAI Cascade Commercial Real Estate represented the buyer of 798 NE Jackpine, an industrial development lot in Redmond. This property closed at $285,000.

Ken Streater of NAI Cascade represented and owner/user in the purchase of 628 SW Glacier in Redmond. This property closed at $985,000.

Ken Streater of NAI Cascade represented the tenant in leasing office space at 376 SW Bluff Dr. in Bend. 

Ken Streater of NAI Cascade represented a well-established Central Oregon tenant in expanding their footprint into 2,615 SF of office space in Woodburn, OR.

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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