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Two Old Hippies Spend $1.5M on American Loop

Willamette Valley Bank Sells 30,000-SF Bend Industrial Bldg
July 16, 2012
OR Resolutions LLC sold the industrial building at 61573 American Loop in Bend, OR to Two Old Hippies LLC for $1.48 million, or about $49 per square foot.

The 30,357-square-foot, single-story industrial property was constructed in 1999 on 2.2 acres in the Deschutes County submarket of Portland. The distribution building features a loading dock, large drive-in bay and 1,800-amp heavy power.

Pat Kesgard with Compass Commercial Real Estate represented the seller and the buyers in the sale.

Please see CoStar COMPS #2497381 for additional information on this transaction.

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