Recent Commercial Real Estate Transactions

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Notable commercial transactions recently closed.

Broker Ryan Amerongen, CCIM with RE/MAX Key Properties, represented the seller in the sale of 206 SE Taft Avenue in Bend. The 887 SF Stand-Alone building sold for $555,000.

Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kristie Schmitt represented the seller, Estate of Richard Foss, in the sale of 701 NE Peters Road in Prineville. The industrial property consisting of three buildings totaling 36,700 SF on 6.89 acres sold to and owner-user for $1,450,000.

Brokers Ryan Amerongen, CCIM and Ryan Buccola, both with RE/MAX Key Properties, represented the seller in the sale of 365 Reed Market Rd. The 1.99-acre lot sold for $2.2m. The property is fully entitled for a 48-unit apartment complex.

Brokers Peter May, CCIM and Dan Kemp, CCIM with Compass Commercial Real Estate Services represented both the seller, Post Office Partners, LLC, and the buyer, JR Zukin Corporation, in the acquisition of 100 W 2nd Street in The Dalles. The 12,187 SF historic office building was purchased for $1,338,500.

Compass Commercial Real Estate Services brokers Ron Ross, CCIM, Terry O’Neil, CCIM, Dan Kemp, CCIM and Luke Ross represented the seller, Azure Bend, LLC, in the sale of a 2,798 SF multifamily complex on 0.20 acres located at 2630 NW Fawn Run Lane, Bend for $830,500.

Principal broker Bruce Churchill with Compass Commercial Real Estate Services represented the seller, LBLM Investments, LLC and Three Sisters Holdings, LLC, in the sale of 20755 Brinson Boulevard in Bend. Compass Commercial Real Estate Services brokers Pat Kesgard, CCIM and Kristie Schmitt represented the buyer, Jimmy Dean, in the deal. The 30,000 SF industrial building sold for $449,325.

Compass Commercial Real Estate Services broker Luke Ross and Caroline McDonald, RPA® with Compass Commercial Asset & Property Management represented the landlord, Malone 97 North, LLC, in the lease of a 3,040 SF industrial suite located at 4500 S Highway 97 in Redmond.

Brokers Jay Lyons, SIOR, CCIM and Grant Schultz with Compass Commercial Real Estate Services represented the tenant, Precision Mental Performance, LLC, in the lease of a 1,781 SF office suite located at 550 NW Franklin Avenue in Bend.

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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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