Lynn Coker, a long-time Oregonian, joins NAI Cascade after nearly 20 years with NAI Capital, based out of Palm Springs. "We are thrilled to add Lynn's expertise and market-connectivity to our firm. The integrity and synchronicity of all our NAI Global affiliates made this an absolute seamless transition," said Principal Broker, Katy Haines.
As anticipated, the commercial market kicked into high gear in Q4 of 2020. Most folks resumed work under “the new normal”, (a phrase we never want to hear again), which meant trading assets and finding space to get their businesses moving again. Transactions varied from investments and exchanges to leases and even
NAI Cascade Brokers have been busy refilling their pipeline after the COVID related slow in Q2. Q3 saw the rebound of leasing and the long awaited closing of Pappy's Pizzeria. Q4 2020 and Q1 2021 will see the closing of several investment properties and some exciting projects coming to market! Recent Q3 transactions
For the first time since 2007, spec industrial buildings are being built throughout Central Oregon. High demand, and available, affordable land makes Redmond an industrial sweet spot. A three-phase project near Redmond airport was quickly leased with reported interest in the second and third phases. Smaller spaces are being quickly consumed by craft
Jeff Reed represented Adele Cao in the purchase of the land and building occupied by Dutch Brothers on the South end of Hwy 97 in Redmond, Oregon. The .39 acre parcel, and 480 SF building closed at $1,400,000. Jenn Limoges represented Summit Orthotics and Prosthetics' purchase of a Class A medical building. Summit