JUST LISTED

From turn-key industrial manufacturing space to light industrial redevelopment
opportunities, 596 Hoffman Road’s expansive size is matched only by its
opportunity.  Since 1981, the property has served as the primary manufacturing facility for Marquis Spas and operated as an integral part of the local economy with a logistical advantage. Located in the heart of Polk County’s industrial core, the community of Independence is a thriving sub-market with a strong industrial presence, setting it apart from the competition.

On the north side of Hoffman Road, this includes a total of 3.72 acres of Heavy Industrial zoned land, with ≈58,000 SF of industrial manufacturing space and 1.25 acres of paved and secured yard storage area.

On the south side of Hoffman Road, this includes a ≈2.91 acre private and paved parking lot, and ≈10.92 acres of light industrial development land.  North and south parcels are connected by a signalized pedestrian crossing, designed to supplement access to and from the manufacturing building.

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FEATURED LISTING

Property Overview:
Capture your target audience at this prominent location, just south of downtown in the heart of Salem.  Features include backlit signage facing ≈17,500 vehicles per day, on-site parking at a signalized corner and three levels of office and storage space. A functional floorpan lends itself to efficiency with a comfortable layout, designed to accommodate clients and employees in a home-like setting.  Private offices are enhanced by open reception and gathering areas on the first and second floor with a functional basement that has been improved for dry and secure storage. Complete with a kitchen, wet-bar and ample natural light, the office marries historic charm with modern convenience.  Available now!

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RECENT CLOSING

Ruth Dana and Jennifer Martin are pleased to be the brokers for Salem‘s tallest building, Capitol Tower. Over the past year, Ruth and Jennifer have completed over seven leases at the property as it provides great amenities and is adjacent to the Liberty Parkade providing convenience for visitors to the building. With amazing views of the mountains and the Willamette river from its upper floors, Capitol Tower is an iconic property that professional office users should consider for their business.

The infamous first floor anchor space and mezzanine continues to be available for a creative retail or office use. Ruth and Jennifer can be reached at 503.364.7400 for more details on the first floor or other spaces available in the building.

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MARKET INSIGHT

Oregon's Environmental Quality Commission adopted the Clean Truck Rules in November 2021, requiring medium- and heavy-duty vehicle manufacturers to sell an increasing percentage of zero-emission vehicles starting with the 2025 model year. The rules include two main components: the Advanced Clean Trucks rule which establishes sales requirements for zero-emission vehicles, and the Low NOx Omnibus rule which focuses on lowering emission standards for conventional fueled engines.

Link to FAQ here: https://www.oregon.gov/deq/aq/Documents/cfpMHDtruckRulesFAQ.pdf

COMMUNITY SPOTLIGHT

Forum Speaker Series – “A Generational Discussion: Hopes, Dreams & Responsibilities”

WHEN: Monday, December 9, 2024, from 11:30AM to 1:00PM
WHERE: Salem Convention Center, 200 Commercial Street SE

In December, our Forum Speaker Series hosts a remarkable panel (moderated by Cubicle to CEO Founder Ellen Yin) featuring Salem business icons and emerging leaders for a discussion between business generations about the past, present, and future of our community. Hear about the contrasting approaches to business over several decades in Salem, but also how the veteran and emerging generations of our business leaders continue to work together while paving the way for a stronger local economy and a better and brighter Salem.

BUSINESS VETERANS:

• Gladys Blum, Principal Broker at Blum Real Estate

• Dick Wihtnell, Owner of Withnell Battle Creek Co.

• Gene Derfler, Former Oregon State Representative and real estate broker

EMERGING LEADERS:

• Porshla Scheuble, Owner of Be Well Esthetics

• Cynthia Lara, Co-Owner of Bison Dump

• Boaz Blair, State Farm Insurance

Panel Moderator Ellen Yin, Founder of Cubicle to CEO:

ADMISSION: $40 for Members, $70 for Future Members

Lunch is included!

About Our Moderator: Ellen Yin is the founder & host of Cubicle to CEO®, a top 100 business podcast and free weekly newsletter asking successful founders the business questions you can’t Google. Her own Cubicle to CEO® journey began with quitting her corporate job without a backup plan, and led to bootstrapping a $300 freelance project into millions in revenue by age 29. Ellen’s work has been featured in Times Square, Forbes, Yahoo! Finance, the Today Show and more. Ellen is also an angel investor & advisor for buzzy consumer brands like Soursop Nutrition, Lotza, and fintech platform Cherub, which connects founders with funders.

Season tickets for the 2024-2025 Forum Speaker Series are also available. See below for the complete list of upcoming dates.