FEATURED TRANSACTION

Walt Ramage and Jeff Reed, both of NAI Cascade, represented the seller of a 50,000 SF multi-tenant neighborhood retail center, Brookswood Meadow Plaza, which closed on April 22, 2022 at $13,253,000 in an off-market transaction.

Notably, Walt Ramage was a partner in the original development of the Brookswood Meadow Plaza. Development began in late 2007 and the project was completed ahead of schedule and under budget in 2009. Ramage sold his interest in the development in 2010 but maintained a close relationship with partners and partners’ families.

The buyer, a local, family-owned entity which owns and operates several multi-tenant centers throughout the northwest, approached Jeff Reed with 1031 exchange need. Jeff and Walt worked together to matchmake this buyer with partners of Brookswood Meadow Plaza who agreed to dispose of the net-leased asset.

The long-standing relationships between both buyer and seller and the brokers enabled this transaction to come to fruition and is a perfect example of NAI Cascade’s motto… Relationships that Appreciate.

RECENT TRANSACTIONS

Jenn Limoges, CCIM represented the buyer of 1.76 AC of industrial land off Spencer Ct in Prineville. This property closed at $191,664.

Jenn Limoges, CCIM represented the tenant in leasing a 2,536 SF office at 371 Upper Terrace Dr in Bend.

Karen Koppel, CCIM represented the subtenant in subleasing 1,186 SF of medical office at 2190 NE Professional Ct in Bend.

Walt Ramage represented the Landlord and Tenant, Dutchman Detailing,  in leasing 1,656 SF of industrial space at 380 SE Bridgeford Blvd in Bend.

Walt Ramage represented the seller and Jeff Reed represented the buyer of a 0.71 AC development lot in the Old Mill which closed at $985,000.

Walt Ramage represented the seller of 5.73 AC on 27th and Mary Rose. This property closed at $6,095,000.

Jenn Limoges, CCIM, represented the tenant in leasing 3,540 SF of office at 812 NW York St in Bend.

Karen Koppel, CCIM, represented the sublessor and sublessee in leasing 972 SF at 636 NW 6th St in Redmond to Redmond Grappling Academy.

Jenn Limoges, CCIM represented the buyer in the purchase of two industrial parcels located at 505 and 565 W Three Peaks in Sisters. These properties closed at $390,000 and $385,000

Jenn Limoges, CCIM, represented the seller in the disposition of .55 AC of commercial land on Redwood St in Redmond. These properties closed at $230,000.

Walt Ramage represented the Landlord and Tenant in leasing 1,080 SF of retail space to a regional bank at 1002 NW Bond in Bend. Walt also assisted the Landlord and Tenant in leasing the upstairs office space at the same building.

Chuck Brazer represented the buyer of five parcels on 6th St in La Pine. This property closed at $350,000.

Walt Ramage represented the seller of 61561 American Lane. This property closed for $1,575,000, 105% of listing price.

Jenn Limoges, CCIM represented the tenant, Harcourts The Garner Group, and Ken Streater represented the landlord in leasing 2,500 SF of retail/office in downtown Redmond.

Walt Ramage represented the seller in the disposition of 1005 NW Galveston and 624,651-655 NW Columbia St, a multi-tenant office/retail building and duplex. The property closed at $7,100,000, 100% of listing price.

Walt Ramage, in partnership with Wilburn Ranch Brokerage, represented the seller in the disposition of a 2,263 deeded acre ranch in Harney County. The property closed at $5,450,000, 100% of listing price.

Walt Ramage represented the landlord in leasing 8,305 SF of light industrial space at 62890 Peerless Ct in Bend.

Walt Ramage represented the buyer of 2.06 acres of M2 zoned land in Redmond. The property closed at $673,000.

Jenn Limoges, CCIM, represented the tenant in leasing 1,740 SF of office space at 354 NE Norton in Bend.

Walt Ramage and Karen Koppel represented Les Schwab Properties in the disposition of the building and land located at 646 NW Madras Hwy in Prineville, previously known as the Les Schwab training center. The property closed at $800,000.

Walt Ramage represented Les Schwab Properties in the disposition of 0.95 AC just off Third St in Prineville which closed at $50,000.

Ken Streater and Karen Koppel, CCIM represented the seller, The Opportunity Foundation of Central Oregon, in the disposition of 1.06 AC of land located on Hwy 97 in Redmond. This property was purchased by the owner of the adjacent parcel, BasX Solutions at $577,162.50.

Chuck Brazer represented the buyer of Tabor Terrace, a 25-unit apartment building which closed for $6,850,000.

Jenn Limoges, CCIM, represented the seller of 405-415 NW Third St in Prineville. This multi-tenant retail property closed at $1,200,000.

Chuck Brazer represented the buyer and seller of 69.81 AC Forestry zoned land in Crescent, OR.  This property closed at $245,000.

Katy Haines represented the landlord and tenant in expanding Manski Media lease at 1404 NE Third St.

Jenn Limoges, CCIM, represented the seller in the disposition of 0.45 AC off 7th St in Redmond. This property closed at $195,000.

Jenn Limoges, CCIM, represented the tenant, Lark Song Counseling, in leasing 1,538 SF of office space at 1180 SE Division St in Bend.

Walt Ramage and Jeff Reed represented the seller of a 0.89 AC in the Old Mill District. This property closed for $1,925,000.

Walt Ramage and Jeff Reed represented the seller of a 2.07 AC on Baker Rd in Bend. This property closed for $1,442,707.

Jeff Reed represented the seller of 1.72 AC parcel zoned ME in the north end of Bend. This property closed for $1,500,000.

Karen Koppel, CCIM and Ken Streater represented the landlord in the leasing of 972 SF of retail space on 6th St in Redmond.

Jenn Limoges, CCIM represented the landlord and tenant in the leasing of a warehouse and showroom on Third St in Prineville. Central Oregon Motors will occupy the space.

Chuck Brazer represented the buyer and seller of a 38-unit apartment building. This property closed at $5,760,000.

Jenn Limoges, CCIM, represented the buyer of 2.77 AC of industrial land in Prineville. The property closed at $300,000.

Walt Ramage represented the seller of 10,466 deeded acres in Grant County. This operating ranch and premier hunting property closed at $10,256,680.

Walt Ramage represented the landlord and tenant in leasing 1,000 SF of retail space 55 NW Wall in Bend.

Jenn Limoges, CCIM and Karen Koppel, CCIM represented the seller of 6.25 acres in the Ochoco Mill master planned development for multi-family use. This property closed at $1,292,507.

Walt Ramage and Jeff Reed represented the buyer of a leased industrial property in Prineville in Empire Business Park. The property closed at $4,300,000.

Jenn Limoges, CCIM represented the buyer and seller in the acquisition and disposition of Ochoco Plaza in Prineville. This property closed for $2,300,000.

Jenn Limoges, CCIM and Walt Ramage represented the landlord and Jenn represented the tenant in leasing 1,178 SF of medical office at 695NW York Dr.

Jenn Limoges, CCIM represented the tenant in leasing 2,413 of medical office at Shevlin Health and Wellness Center.

Walt Ramage represented the landlord and Ken Streater represented the tenant in leasing 8,228 SF of build to suit laboratory space at 63035 Lower Meadow Dr.

Jenn Limoges, CCIM, represented the landlord in leasing 1,409 SF of medical office located at 111 NW Larch in Redmond.

Walt Ramage and Karen Koppel, CCIM, represented the landlord in leasing 917 SF to the Alzheimer’s Association- Oregon and SW Washington Chapter.

Walt Ramage represented the buyer, Fly and Field Outfitters in purchasing 56805 Venture Ln in Sunriver. This property closed at $1,800,000.

Walt Ramage and Karen Koppel, CCIM, represented the landlord in leasing 9,507 SF of medical office located at 333 NW Larch in Redmond.

Walt Ramage and Jeff Reed represented the seller and Jenn Limoges, CCIM, represented the seller of 64760 NW Strickler Ave, a net leased retail investment in Tumalo. This property closed at $1,680,000. Read more about the full-circle service provided by NAI Cascade brokers here.

Walt Ramage represented the seller of 1260 NE First St in Bend. This industrial property closed at $1,550,000.

Walt Ramage represented the seller of Father’s House Church located at 61690 Pettigrew in Bend. Father’s House will continue to occupy the building as it is built out into counseling service offices. This property closed at $1,700,000.

Jeff Reed represented the Landlord and Karen Koppel, CCIM, represented the tenant in leasing 756 SF of office space at 210 SW 5th St in Redmond to Spark Wellness.

Karen Koppel, CCIM, represented the landlord in leasing 4,133 SF to Tumalo Industries at 296 SW Columbia Blvd in Bend.

Karen Koppel, CCIM, represented the tenant, Catalyst Counseling and Consulting in leasing 931 SF of office space at 2445 NE Division in Bend.

Jenn Limoges, CCIM, represented the landlord in leasing the medical office located at 2190 NE Professional Ct in Bend.

Jeff Reed represented the landlord at 64670 NW Strickler Ave in Tumalo in leasing 1,489 SF to Tune Inc. and 1,224 SF to Cycle HIIT.

Walt Ramage and Karen Koppel, CCIM, represented Les Schwab in the disposition of a 5.21 AC parcel in Prineville. This property closed for $1,000,000.

Karen Koppel, CCIM, represented two tenants at 2680 NE Twin Knolls. Abiltree right-sized their lease into 1,421 SF. The remaining 5,799 SF vacated by Abilitree was leased by the Latino Community Association. Hear Karen talk about the impact of this transaction here.

Walt Ramage represented the seller of 2,048 AC of premier hunting and timber property in Grant County. This property closed at $2,048,000.

Jeff Reed represented the seller and Walt Ramage represented the buyer in the purchase of Norton Street Storage located at 365 NE Norton in Bend. This property closed for $750,000.

Jenn Limoges, CCIM represented the buyer in the purchase of 63016 18th Street which will be developed as the headquarters for Bleu Bite Catering.

Jenn Limoges, CCIM represented the buyer and seller in the disposition and acquisition of a .48 AC parcel located on 138 NE Norton in Bend.

Walt Ramage represented the buyer and seller of 880 deeded  acres in Grant County which closed at $880,000.

Jeff Reed represented the tenant, Woodworks by Monday, in leasing 5,060 SF at 380 SE Bridgeford in Bend.

Jenn Limoges, CCIM represented the Landlord in leasing 426 SF of office to Ageless Health Medicine.

Karen Koppel, CCIM represented the buyer in the acquisition of a standalone retail building at 3425 Crater Lake Highway in Medford, OR. This investment property closed at $1,740,000.

Jenn Limoges, CCIM represented the seller in the disposition of a 24-unit multifamily development. This is the second phase in a project to provide workforce housing in Sisters, OR.

Jenn Limoges, CCIM represented the Tenant and Landlord in leasing 1,427 SF of medical office at 1725 SW Chandler Avenue in Bend. The tenant, Pro Motion Physical Therapy, has operated out of Snap Fitness on Reed Market and will now have a flagship location on the west side.

Jenn Limoges, CCIM represented BOSS Sports Performance in expanding their footprint at 1305 SE Armour Road in Bend.

Walt Ramage and Jeff Reed represented the seller in the disposition of 650 NE Jackpine in Redmond for $1,500,000. This asset included an absolute net leased Dutch Bros and an owner/user Choice Car Wash.

Walt Ramage represented the buyer and seller in the sale and purchase of 1029 SE Paiute in Bend. This property closed at $390,000 and will be used as storage/operations for Stilson Builders.

Jeff Reed represented the Landlord and Karen Koppel, CCIM, represented the Tenant in leasing Suite 102 & 103 at 178 South Elm in Sisters. The tenant, Advantage Mortgage, is well established in Oregon, Washington and Idaho but are new to the Central Oregon market.

Walt Ramage represented the Landlord and Karen Koppel, CCIM, represented the tenant in leasing 4,360 SF of office space at 1080 Mt Bachelor in Bend.

Lynn Coker represented the tenant in leasing 2,208 SF of medical office at 1744 E. McAndrews in Medford, OR.

Ken Streater represented the buyer of 798 NE Jackpine, an industrial development lot in Redmond. This property closed at $285,000.

Ken Streater represented and owner/user in the purchase of 628 SW Glacier in Redmond. This property closed at $985,000.

Ken Streater represented the tenant in leasing office space at 376 SW Bluff Dr. in Bend.

Ken Streater represented a well-established Central Oregon tenant in expanding their footprint into 2,615 SF of office space in Woodburn, OR.