Bend’s industrial space: Tight and pricey

BEND, Ore. (AP) — Officials in Central Oregon say the amount of industrial space available for lease in Bend has dropped about 90 percent in the last several years, and what’s left has soared in price.

Brian Fratzke of Fratzke Commercial Real Estate tells The Bulletin (http://bit.ly/2g7euup) that from his perspective, it’s concerning when he sees people unable to find space for their businesses.

He says that as late as 2013, Bend had about 2.1 million square feet of industrial space available for lease. Officials say that’s dropped to about 171,000 square feet now.

Fratzke says the rising cost of land in Bend makes it difficult for developers to be able to build cheap enough to make money leasing a property.

Patrick “Packy” Deenihan of Bend Brewing Co. says he wants to expand the business but is having trouble finding space.

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Information from: The Bulletin, http://www.bendbulletin.com