2020 SVN® Commercial Real Estate Economic Forum
SVN® Commercial Advisors presented its annual Economic Forum event Wednesday, February 12, 2020, to 300 local owners, developers, architects, lenders, attorneys and city officials at the Salem Convention Center. Attendees were welcomed by the City of Salem Mayor...
Pacific NW Properties is preparing to break ground on the two-building South Salem Business Park
By Jonathan Bach February 5, 2020 As the Portland area’s industrial real estate market becomes more congested, developers are looking down Interstate 5 to Salem for relief. Beaverton-based Pacific NW Properties said this week it will construct a 70,000-square-foot...
WESTERN OREGON UNIVERSITY BUYS VICK BUILDING in downtown Salem to expand its Salem presence
Western Oregon University (WOU) finalized today the $2.725 million purchase of the historical Vick building in downtown Salem at 525 Trade St. The Vick building will be WOU’s Salem home for several programs, including the brand-new Master of Arts in Organizational...
Portland’s Naito Family Buys Oregon State Police Headquarters
On June 11, 2019 the 120,000 square foot Law Enforcement Campus, located at 3525-3565 Trelstad Ave SE in Salem, Oregon, sold to the Bill Naito Company out of Portland for $44,100,00, or, $367.50 per square foot. This sale sets a record for highest price per square...
Salem’s New Amazon Center Sells for $105.5 Million
On July 10, 2019 the 1,018,020 square foot industrial building known as the Amazon Fulfillment Center in Salem was sold for $105,500,000 or $103.63 per square foot. It is considered to be the largest industrial building in the State of Oregon. The property was...
Lenity Insight Newsletter
2019 Spring Edition Lenity Insight Newsletter This edition of Lenity Insight is jammed packed with info from DJC’s Top Projects, one of their projects in Canada, and a commercial TI/Reno project. Plus, it features a 2019 CRE Forecast from SVN Commercial Advisors, Curt...