BEND, OR-Epic Aircraft is planning to expand its operation in the old Cessna manufacturing facility at the Bend Airport. The kit airplane manufacturer, acquired by Engineering LLC in March, has purchased the 204,000-square-foot plant for $3.1 million.

The Cessna manufacturing plant was listed in 2009 at $7 million. It is the second purchase this year for Epic. Compass Commercial Real Estate Services' Robert Raimondi represented the buyer and Colliers International represented the seller in the deal. For the full story, go to Portland Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.