Notable commercial transactions recently closed.
Broker Luke Ross with Compass Commercial Real Estate Services represented the landlord, Basaltic, LLC, in the lease of a 2,697 SF retail and office space at 806 NW Brooks St. & 815 NW Wall St. in Bend.
Jenn Limoges, CCIM & Paul Evers, NAI Cascade, represented the Landlord in leasing 1,332 SF of industrial space at 1309 SE Armour Rd in Bend.
Compass Commercial Real Estate Services brokers Matt Sichel, Graham Dent, SIOR, and outside broker Samuel Gressett represented the seller, Anderson Living Trust, in the sale of a 4,444 SF restaurant building in Central Point, Oregon. The restaurant sits on a total of 0.84 acres and sold for $1,250,000.
Jenn Limoges, CCIM, NAI Cascade, represented the Seller in the disposition of net-leased office at 180 NW 2nd St in Prineville. This property went into contract within one day on the market. It closed at $1,049,000, 99.90% of asking price
Jenn Limoges, CCIM, NAI Cascade, represented the Landlord and Tenant in leasing +/-18,996 SF of state-of-the-art food and beverage production industrial space at 62876 NE Oxford Ct. This will be the new manufacturing and distribution site for Red Plate Foods.
Jenn Limoges, CCIM, NAI Cascade, represented the Seller in the disposition of a two-tenant, net-leased retail pad site at Ochoco Plaza in Prineville. This property closed at asking price, $1,155,000, a 6.26% cap rate.
Jenn Limoges, CCIM, NAI Cascade, represented the Landlord in leasing 2,940 SF of clinical medical space at 2400 NE Neff Rd.
Jenn Limoges, CCIM, NAI Cascade, represented the Tenant and Subtenant in subleasing 782 SF of retail/office space at Tumalo Junction
Walt Ramage represented the Landlord and Tenant in leasing 555 SF of office space at 525 SW Umatilla in Redmond.