Bend investors bid on The Bulletin real estate

August 22, 2019

Article by: The Bulletin

A Bend real estate investor bid $13.25 million to buy out of bankruptcy The Bulletin’s headquarters — property near Oregon State University-Cascades that includes 2.5 acres of vacant land with development potential.

Next Development Group led by Bradley Kent would pay cash for the property according to an asset purchase agreement filed in bankruptcy court Wednesday.

Prior to filing for Chapter 11 bankruptcy protection in January The Bulletin’s parent company Western Communications had listed its office building and printing plant on Chandler Avenue for $20 million. It was one of the highest-priced real estate listings in Bend in February 2017.