Yesterday was a special day for SVN Commercial Advisors as our entire team attended the groundbreaking ceremony for the South Salem Business Park, a two building, 70,000 square foot project, developed by
our friends at Pacific NW Properties. SVN proudly represented PNWP in the acquisition of this off-market 7 acre parcel in September, 2019.
“This will be a special, special development in our market” remarked SVN’s Managing Director, Curt Arthur. “The ability to have such a diversified mix of tenants from office users to brew pubs, recreational uses to light industrial is rare. On top of that, even smaller users will have access to both dock and grade loading which simply doesn’t exist right now.”
Pacific NW Properties, based in Beaverton, was founded in 1990 and has a portfolio of more than 4,000,000 square feet of buildings and over 500 tenants currently. This project is their entry to the Salem market. “We hope the first of many to come” stated Evan Bernstein, a partner with the firm.
