Salem
Oregon Lawmakers Advance $200M Housing Measures
The Oregon House has advanced legislation to build more affordable housing and help people who are on the verge of… Read more
Nordstrom Rack to Expand in Pacific Northwest
Seattle-based retailer Nordstrom, Inc. isn’t worried about the sector’s pandemic slump, as the company has announced plans to open three… Read more
Higgenbotham Auctions Prime Redevelopment Land in Salem
Higgenbotham Auctioneers International (HAI) is holding a public property auction for 390.5 acres of redevelopment land in Salem, OR. There… Read more
JLL Arranges Financing for MultiFam in Salem
JLL Capital Markets has arranged $8 million in acquisition financing for Sunnyview Village, a 58-unit, garden-style community in Salem, OR.… Read more
Northmarq Arranges $13M Refinance of Multifamily Property in Salem
May’s Landing Apartments, a 96-unit, garden-style multifamily complex in Salem, OR has been refinanced by the San Diego, CA office… Read more
Penske Expects McCoy Freightliner Acquisition to Generate $200M Annually
Penske Automotive Group Inc. recently acquired McCoy Freightliner, a retailer of medium and heavy-duty commercial trucks, located in Oregon. The… Read more
SPC Sets a Record for Last-Mile Station in Salem
A last-mile delivery station in Salem, OR was recently acquired by SPC LLC, a New Jersey owner and syndicator. The… Read more
SPC Seizes on Rare Investment Opportunity for E-commerce Last-Mile Facility
Reich Brothers recently sold a 129,850-square-foot freestanding distribution building on nearly 20 acres with a 10-acre parking facility in Salem,… Read more
Invesco REIT Expands National Holdings in Student Housing, Industrial and Storage
Invesco Real Estate Income Trust Inc. (INREIT) acquired six properties in the student housing, industrial and self-storage sectors. The total… Read more
Portland Industrial Exhibits Little Change From Pre-Pandemic Days
The Portland industrial market has continued to perform with little-to-no change from pre-pandemic environments, maintaining a strong average quarterly absorption… Read more
Portland Industrial Completions Slow But Land Bidding Wars Likely
The Portland economy is slowly bouncing back in 2021, as the state fully reopened on June 30. As local businesses… Read more
Five Market-Rate Complexes Get HUD Funds
A $33 million HUD financing loan was recently provided for a portfolio of five market-rate apartment complexes located throughout Oregon:… Read more
Artemis Real Estate Acquires 6-State, 10-Property Healthcare Portfolio
Chevy Chase, MD.-based real estate investment management firm Artemis Real Estate Partners has acquired a 10-property medical office portfolio in… Read more
Invesco Nabs Nest Self-Storage Portfolio in Salem
Invesco Real Estate, in partnership with Baranof Holdings, acquired the Nest Self-Storage portfolio in Salem for an undisclosed amount. The… Read more
Salem-Area Walgreens Trades in 1031 Exchange
Stan Johnson Company completed the sale of a 13,775-square-foot Walgreens drugstore located at 5000 River Rd. North in Keizer, OR.… Read more
Top Broker Honorees: JLL’s Bo Mills, Mark Detmer and Ryan Sitov
Bo Mills, Mark Detmer and Ryan Sitov lead the Industrial Capital Markets practice for the Western U.S. at JLL. With… Read more
Amazon Expands Footprint on I-5 Corridor
Reich Brothers signed a long-term lease with Amazon for a 129,850-square-foot facility in Salem, OR. The Class A asset was… Read more
In-N-Out Burger Pushes Farther North into Oregon, Opens at Keizer Station
In 1948, Harry Snyder opened In-N-Out Burger, California’s first “drive-thru” hamburger stand. Today, hamburgers are still made-to-order, shakes are still… Read more
Oregon’s Salem Health Plans $235M Expansion
Salem Health plans to build a new seven-story, $235-million building expansion at Salem Hospital in Salem, OR. The project, funded… Read more