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A prime piece of bank owned commercial real estate in downtown Bend has sold. The Penney Galleria on the corner of Wall Street and Oregon just sold for $2 million. Darren Powderly of Compass Commercial says it’s a positive sign for the downtown: “It's nice to see these transactions. It's a bit of a reset. It’s painful and it's exciting. Long term for the downtown it will benefit the downtown area. New investors are coming into the downtown and investing in the downtown.” The Penney Galleria sits on a corner that has seen several other renovations. The existing tenants in the galleria like Sports Vision and Common Table will remain.

 

 

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  • Purcell Boulevard Northbound lane between Neff Road and Full Moon Drive (West side of the hospital) is closed until December 20th.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.