Recent Commercial Real Estate Transactions

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Notable commercial transactions recently closed.

Brokers Howard Friedman, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz with Compass Commercial Real Estate Services represented the buyer, Faller Revocable Trust, in the acquisition of 345 SW Cyber Drive in Bend. Broker Howard Friedman also represented the seller, Jean Ostlind Revocable Trust. The 9,975 SF office building on 0.74 acre sold for $2,485,000.

Brian Fratzke, CCIM, Principal, of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 2.52 acres of undeveloped land zoned for Mixed Urban use, at 954 SW Emkay Drive, Bend, for $4,061,534.

Compass Commercial Real Estate Services brokers Luke Ross and Ron Ross, CCIM represented the seller in the sale of the Lake Place Apartments located at 54 NW Lake Place in Bend. This 8-unit complex sold to Ballard Bend 21 LLC for a sale price $1,462,500.

Nick Vaughn, Broker, of Fratzke Commercial Real Estate Advisors, Inc., represented the Buyer in the purchase of 1105 SE Centennial Street, in Bend, for $1,950,000.

Broker Dan Kemp, CCIM with Compass Commercial Real Estate Services represented the buyer, Tent Engineering, LLC, in the acquisition of 452 NE Greenwood Avenue in Bend. The 3,760 SF Retail building on 0.32 acre was purchased for $1,320,000.

Tom Tapia, CCIM, Principal, & Brian Fratzke, CCIM, Principal, of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 452 NE Greenwood Avenue, in Bend, for $1,320,000.

Brokers Russell Huntamer, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz with Compass Commercial Real Estate Services represented the landlord, Killian Pacific, in the lease of a 3,435 SF retail suite located at 550 SW Industrial Way in Bend. Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kristie Schmitt represented the tenant, Black Diamond Retail, LTD.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 61523 American Loop, in Bend, for $1,100,000.

Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz represented the landlord, TREA Bend, LLC, in the lease of a 7,500 SF industrial suite located at 62980 Boyd Acres Road in Bend.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 675 NE Hemlock Avenue Units 114-115-116, in Redmond, for $1,000,000.

Principal broker Bruce Churchill with Compass Commercial Real Estate Services represented both the landlord, Taylor Development, LLC, and the tenant, Phoenix Micron, LLC, in the lease of a 3,100 SF industrial suite located at 543 NW York Drive in Bend.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 192 E Tall Fir Court, in Sisters, for $795,000.

Compass Commercial Real Estate Services broker Luke Ross represented the tenant, Edward Jones, in the lease of a 1,164 SF office suite located at 695 NW York Drive in Bend.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc., represented the Buyer in the sale of 1069 SE 15th Street, in Bend, for $785,000.

Brokers Peter May, CCIM and Russell Huntamer, CCIM with Compass Commercial Real Estate Services represented the tenant, Bend Party Store, in the lease of a 1,729 SF retail suite in the Bend River Promenade located at 3188 N Highway 97 in Bend.

Dan Steelhammer, Broker, & Brian Fratzke, CCIM, Principal, both of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 0.77 of an acre of undeveloped land, zoned for Industrial Light use, at 63016 18th Street, Bend, for $400,000.

Compass Commercial Real Estate Services Brokers Peter May, CCIM and Robert Raimondi, CCIM represented both the landlord, Deschutes Business Center, and the tenant, Pam Saul, in the lease of a 1,364 SF office suite located at 20340 NE Empire Avenue in Bend.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc., represented the Seller in the sale of 77 E. 29th Street, in Eugene, for $1,700,000.

Tom Tapia, CCIM, Principal, and Brian Fratzke, CCIM, Principal, both of Fratzke Commercial Real Estate Advisors, Inc., represented the Landlord in a 60-month lease of 5400 +/- SF of industrial space 61563 American Loop, in Bend.

Brian Fratzke, CCIM, Principal, of Fratzke Commercial Real Estate Advisors, Inc., represented the Landlord, & Tom Tapia, CCIM, Principal of Fratzke Commercial Real Estate Advisors, Inc., represented the Tenant in a 60- month lease of 3,748 +/- SF of office/medical space at 1715 Chandler Avenue, in Bend.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc. represented the Landlord in a 48- month lease of 928+/- SF of office space at 2445 NE Division Street, in Bend.

Brian Fratzke, CCIM, Principal, of Fratzke Commercial Real Estate Advisors, Inc., represented the Landlord, & Tom Tapia, CCIM, Principal of Fratzke Commercial Real Estate Advisors, Inc., represented the Tenant in a 35- month lease of 2,648 +/- SF of industrial space at 2121 Deerhound Avenue, in Bend.

Tom Tapia, CCIM, Principal of Fratzke Commercial Real Estate Advisors, Inc., represented the Tenant in a 86- month lease of 1,562 +/- SF of office/medical space at 1462 NE Cushing Drive, in Bend.

Dan Steelhammer, Broker, of Fratzke Commercial Real Estate Advisors, Inc. represented the Landlord in a 60- month lease of 1,261 +/- SF of office space at 2445 NE Division Street, in Bend.

Brian Fratzke, CCIM, Principal, of Fratzke Commercial Real Estate Advisors, Inc., represented the Tenant, LRS Architects, Inc., in a 5-year lease on 3,979 +/- SF of office space at The Quad, 1777 SW Chandler Avenue, in Bend.

Brian Fratzke, CCIM, Principal, of Fratzke Commercial Real Estate Advisors, Inc., represented the Landlord, & Tom Tapia, CCIM, Principal of Fratzke Commercial Real Estate Advisors, Inc., represented the Tenant in a 5- year lease on 6,688 +/- SF of industrial space in the High Desert Industrial Park at 2561 NE 4th Street, in Bend.

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