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May 2024 Notable Commercial Transactions

Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm in May 2024.

Compass Commercial Real Estate Services brokers Dan Kemp, CCIM, Ron Ross, Kristie Schmitt, CCIM, and Pat Kesgard, CCIM represented the seller and the buyer, Deschutes Public Library, in the acquisition of 9.56 acres of commercial land on SE 27th Street and Wilderness Way in Bend. The Deschutes Public Library purchased the land for $10,250,000 and will develop the land for their new location.

Broker Dan Kemp, CCIM with Compass Commercial Real Estate Services represented the seller, Leonard Raymond Estate of Peverieri, in the sale of 29.92 acres located at 21831 NE Butler Market Road in Bend. The residential land sold for $1,050,000.

Compass Commercial Real Estate Services brokers Terry O’Neil, Ron Ross, and Luke Ross represented the seller, MacGregor Properties, LLC, and the buyer, Thomas Edward Nechville, in the sale of a 5,031 SF industrial building on 0.63 acres. The industrial property located at 602 N Aylor Court in Sisters sold for $920,000.

Brokers Jay Lyons, SIOR, CCIM and Grant Schultz, CCIM with Compass Commercial Real Estate Services represented the landlord, Grove NWX, LLC, and the tenant, Gilroy Napoli Short, LLP, in the lease of a 2,266 SF office suite located in the Assembly at the Grove at 2838 NW Crossing Drive in Bend.

Compass Commercial Real Estate Services broker Graham Dent, SIOR, represented the tenant in the lease of a 2,577 SF retail suite located at 8621 SW Canyon Drive in Portland.

Compass Commercial Real Estate Services brokers Kristie Schmitt, CCIM and Luke Ross represented the landlord, Allan Donald Bruckner Trust, in the lease of a 2,867 SF restaurant space located at 1900 NE Division Street in Bend. Compass Commercial brokers Russell Huntamer, CCIM and Eli Harrison represented the tenant, Izakaya Cottage.

Brokers Jay Lyons, SIOR, CCIM, Grant Schultz, CCIM and Howard Friedman, CCIM (Retired) with Compass Commercial Real Estate Services represented the landlord, C.T. Woodard Properties, LLC, in the lease of a 2,233 SF office suite located at 1550 NE Williamson Boulevard in Bend. Lyons and Schultz also represented the tenant, Cherie Skillings Counseling Services.

Compass Commercial Real Estate Services brokers Russell Huntamer, CCIM and Eli Harrison represented the tenant, Rancho South, in the lease of a 1,254 SF restaurant space, formerly occupied by Cabin South, located in Brookswood Meadow Plaza at 19550 Amber Meadow Drive in Bend.