JLL Serving as Leasing Representatives for New Project that will Offer Prime Space for Retail, Health & Wellness & More
JLL announced today that Pahlisch Commercial will break ground on a 179-acre retail mixed-use property in the fast-growing Bend area in 2022, and that JLL will be the exclusive leasing team.
Petrosa Commercial will serve as the retail component to Northeast Bend’s newest premier community offering a new construction home for every stage of life, from 120+ townhomes and 260 apartments to 675 single-family homes and 180 multi-family homes. This new retail component will create a unique and forward-looking synergy for the broader Petrosa project as well as Bend as a whole.
Petrosa will provide prime space for a full-service grocery store, retail users and a variety of other uses, including health and wellness, professional and medical. Located at the intersection of NE Butler Market Rd. and Deschutes Market Rd., Petrosa is not just a growing suburb of Bend, but also a way to attract consumers traveling to and from the surrounding tourism areas. These connectors allow for easy access to Pronghorn Resort, Brasada Ranch, Prineville and Redmond.
The property is also ideally situated to capture the traffic from 157-acre Pine Nursery Park. Placer.ai data shows that the park is currently attracting a half a million visitor per year, providing a very unique opportunity for retail locations directly adjacent to the park.
“With Bend’s population having increased more than 31 percent in the past ten years and expected to be triple the average of the U.S. over the next decade, Pahlisch is looking forward to leading enormous retail and rooftop growth with the development of the Petrosa project that will further contribute to the growth of this region,” said Karen Busteed, senior vice president of JLL. “We’re excited to be working with a developer that is taking a deliberate approach to the retail component of a master plan community such as Petrosa.”
JLL’s team members, including Karen BuSteed, Brittany Bersani and Jeff Badstubner, are serving as leasing representatives for the project.
