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COAR’s Commercial Committee is dedicated to REALTORS®, investors and affiliates involved in growing commercial enterprises throughout one of the most beautiful regions in the West. The Commercial committee is focused on issues and opportunities unique to the commercial aspects of property sales, leasing and management. This group was created with an organized system for sharing information on available properties and the real estate needs of interested parties. 

The commercial group is comprised of active commercial real estate brokerages, property managers, developers and specialists cooperating (and, yes, competing) to ensure their investors, property owners and tenants have the most current information and reliable tools available in the current Central Oregon market. The commercial group strives to represent the common interests of our members while, at the same time, allowing their clients to benefit from the experience of over 100 regional commercial specialists working together. 

COAR publishes a monthly commercial newsletter that COAR members can subscribe to through the subscription management page on our weekly e-newsletter. The newsletter can also be viewed here.

 

COAR Commercial Transaction of the Year Award

On an annual basis, the commercial committee at COAR selects a Commercial Transaction of the Year. The awardee is selected based on what the COAR member brought to the transaction including: professional skills, creativity, integrity, perseverance and value the transaction brought to the community. The requirements for the award are:

  • Listing or Selling Broker nominated that is a member of COAR.
  • The project is commercial in nature.
  • The transaction was completed by December 31 of the prior year.
  • Application deadline is February 28.

In evaluating the transaction, the committee will use the following factors as scoring criteria:

  • Creativity
  • Professional skills
  • Integrity
  • Perseverance
  • Complexity of the transaction
  • Community benefit.

Watch for updates regarding the 2022 application.  

 

2021 Transaction of the Year

The COAR Commercial Committee has selected Brian Fratzke, Howard Friedman, Jay Lyons and Grant Schultz as the 2021 Transaction of the Year (TOY) Award winners. The winning transaction was the sale of the historic, 19,352-square foot downtown Bend building known as Post Office Plaza. Fratzke Commercial Real Estate Advisors represented the buyer and Compass Commercial Real Estate Services represented the sellers. Congratulations!

 

NAR Commercial Resources

 

Online Ethics Training

The National Association of REALTORS® (NAR) offers online training options, including a specific commercial track. 

 

Technology/Data

 

NAR Commercial Affiliated Organizations

 

Designations, Certifications and Online Education

 

COAR offers a commercial scholarship to help cover commercial courses - CLICK HERE to download the application. 

 

Commercial Marketing Meeting

The Commercial Committee holds monthly meetings to market for commercial properties. Additionally, there are several times a year that the marketing meetings are held in conjunction with a commercial CE class. Please see the Education & Events section of the COAR website for more information and to register for any meetings that include CE. For classes with CE, the marketing meeting will occur after the class.

The commercial marketing meetings are held virtually the first Friday of each month at 9:00 AM. Please subscribe to the commercial newsletter to receive notices.

The Redmond Commercial Group meets the second and fourth Tuesday of every month from 7:30 AM - 8:30 AM at the Redmond VFW (1836 SW Veterans Way, Redmond, OR 97756); but is currently meeting virtually.