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January 11, 2020 Comments Off on Bend Bulletin Building Sold for $13M Views: 853 Pacific Northwest, Seattle & Pacific Northwest News

Bend Bulletin Building Sold for $13M

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The Bend Bulletin building in Bend, OR traded hands for $13.15 million. The property, which was marketed as part of Western Communications’ bankruptcy proceedings, was purchased by Chandler Center, LLC.

The 86,445-square-foot office and industrial building sits on 9.78 acres on Bend’s west side. It was built in 2000 by Western Communications to house staff and a printing press for the Bend Bulletin newspaper. EO Media Group, which acquired the paper earlier this year, will lease a portion of the building.

Compass Commercial’s Dan Kemp represented the buyer. CBRE’s Paige Morgan and Charles Safley, along with Compass Commercial’s Gardner Williams and Graham Dent, advised the seller.

Morgan says, “The Bend Bulletin building offered a unique opportunity to control a large block of quality office and industrial space in a low vacancy, land constrained market with limited supply. In addition to the existing building, the sale included more than nine acres of land that’s zoned for mixed-use development.”

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