Redmond Industrial Site

JLL, as exclusive advisor, is pleased to offer the fee simple interest in Redmond Industrial Site (hereafter “the Site” or “the Property”). Comprising approximately 19.8 acres of prime land, the Site offers developers an exceptional opportunity in the rapidly growing Redmond/Central Oregon area.

The strategic location of the Site, adjacent to Highway 97 and just 2.8 miles from Redmond Municipal Airport (RDM), ensures convenient access to major metropolitan areas along the West Coast. The Property will directly benefit from Redmond’s upcoming $33 million Eastside Arterial Project, which will significantly enhance the Site’s accessibility and connectivity, positioning it at a crucial node in Redmond’s evolving industrial transportation network.

Central Oregon has experienced substantial growth over the past decade, with Deschutes County’s employment base increasing by 45% since 2010. Redmond offers some of the lowest operating costs in the Pacific Northwest, including affordable industrial land costs, tax abatement, and fast-track permitting. Electricity rates in Redmond are 10% below the national average, contributing to favorable operating expenses.

The Site is located within the Greater Redmond Area Enterprise Zone, allowing investors to capitalize on substantial tax incentives, including up to 15 years of property tax exemptions for eligible businesses. This designation, combined with Redmond’s low operating costs and the region’s robust employment base of over 122,501 workers, makes the Property an attractive option for businesses seeking efficient logistics networks and access to a skilled workforce.

With its strategic location, strong economic fundamentals, and the backing of Redmond’s proactive infrastructure investments, this Property presents a unique opportunity to capitalize on Central Oregon’s economic growth and expanding industrial sector.