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Investors acquire fully leased Redmond industrial park with 26 acres of development potential

Ethos Development teams with members of California family on $21 million purchase
Redmond Industrial Park spans 44.61 acres east of Highway 97 in central Oregon. (CoStar)
Redmond Industrial Park spans 44.61 acres east of Highway 97 in central Oregon. (CoStar)
By Aaron Tamblyn with
CoStar Research
April 8, 2026 | 4:57 P.M.

A joint venture between Ethos Development and a family investment entity named Alpine Capital Investments acquired a fully leased industrial park in Redmond, Oregon, for $21 million, or $105.68 per square foot, in a transaction that underscores the value of power‑ready industrial assets in infrastructure‑constrained markets.

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