Bend, Oregon: A Premier Destination for Commercial Real Estate

Introduction

Bend, Oregon, offers a compelling opportunity for commercial real estate (CRE) investors and professionals. Known for its vibrant economy and strategic location, Bend is a mid-sized city that has rapidly evolved into a hub for diverse industries. With a strong foundation in technology, healthcare, and outdoor recreation, Bend's unique economic landscape drives significant demand for various commercial property types. Its blend of natural beauty and strategic industry positioning makes it a sought-after destination for CRE development and investment.

Economic and Industry Overview

Bend's economy is characterized by its robust mix of industries, including technology, healthcare, and tourism. The city has seen substantial growth in the tech sector, with a number of startups and established companies setting up operations. The healthcare industry is also a significant driver, with major facilities like St. Charles Health System influencing demand for medical office spaces.

• Key Industries: Technology, Healthcare, Tourism
• Economic Development Initiatives: Bend is supported by Economic Development for Central Oregon (EDCO), which fosters business growth and industry diversification.

Strategic Location and Transportation Infrastructure

Bend's strategic location offers logistical advantages for distribution and access to labor markets.

• Highways: U.S. Route 97 and U.S. Route 20 facilitate efficient transportation to neighboring markets.
• Airports: Redmond Municipal Airport (RDM) provides commercial flights, enhancing connectivity.
• Proximity: Located within driving distance to Portland and other key markets, Bend offers access to both urban and rural resources.

For more information on transportation infrastructure, visit the Oregon Department of Transportation.

Commercial Real Estate Inventory & Zoning

Bend's CRE market consists of diverse submarkets and asset classes:

• Central Business District (CBD): A vibrant area with retail, office, and mixed-use developments.
• Industrial Corridors: Key industrial areas support logistics and manufacturing businesses.
• Innovation Districts: Emerging hubs for tech and creative industries.

Recent zoning changes and incentives are detailed in Bend's City Zoning Maps.

Major Employers and Institutions

Bend hosts several major employers and institutions contributing to CRE demand:

• St. Charles Health System: Major healthcare provider in the region.
• Oregon State University-Cascades: Influential in education and research sectors.
• Top Employers: Tech companies, outdoor recreation brands, and government centers.

Explore the Bend Chamber of Commerce for a comprehensive list of local businesses.

Notable Commercial Developments & Projects

Bend is home to significant commercial projects that shape its CRE landscape:

• Northwest Crossing: A mixed-use development that integrates residential and commercial spaces.
• Opportunity Zones: Designated areas offering tax incentives for investment.

For detailed planning documents, visit the City of Bend Planning Division.

Building Permits, Planning, and Development Tools

Access essential tools for understanding and navigating Bend's CRE landscape:

• City of Bend Building and Safety Department
• Permitting Portal
• GIS and Parcel Map Viewer
• Development Code

Market Data & Economic Reports

Bend offers a wealth of market data and economic insights for CRE professionals:

• Access public data sets through census.gov and Bend's Open Data Portal.
• Brevitas leverages AI-powered aggregation to provide real-time market insights and trends.

Explore Bend-specific dashboards on Brevitas for deeper analysis.

Why Use Brevitas for Bend, Oregon CRE?

Brevitas stands out as the premier platform for navigating Bend's commercial real estate market:

• AI-Driven Discovery: Leverage advanced technology for property searches and market alerts.
• Smart Property Pages: Tailored listings with comprehensive data and analytics.
• Dealroom Collaboration: Streamline transactions with integrated communication tools.
• Exclusive Listings: Gain access to premium exposure and off-market opportunities.

Utilize Brevitas's innovative tools to maximize your CRE investments in Bend, Oregon.