First Commercial Real Estate

JUST LISTED

RECENT CLOSING

We’re proud to share the successful completion of two strategic relocation projects for the City of Salem. Our team was engaged to temporarily relocate the City’s Courts Division in preparation for a full seismic retrofit of the Civic Center.

Through close collaboration with city leadership and project stakeholders, we secured a location previously occupied by the Oregon Supreme Court during their own seismic retrofit. This strategic selection created significant efficiencies and resulted in substantial cost savings by minimizing the need for tenant improvements — a rare advantage given the specialized nature of court system facilities.

In a separate transaction, we also facilitated the relocation of the City’s administrative offices to the SAIF Headquarters building in downtown Salem. This location met the City’s operational goals while offering favorable terms and strong value.

We're honored to have supported the City of Salem in maintaining continuity of service and ensuring a smooth transition for both departments.

FEATURED LISTING

Approx. 30,000 available in a 48,327 SF retail/flex building on 2.45 acres. Building is primarily open configuration with main entrance featuring wood beamed ceilings and nicely built out showroom. 18’ to 20’ ceiling height. Gas pack heaters. Excellent signage/visibility from the Martin Luther King Jr. Parkway (Salem Parkway) with 30,000 + vehicles per day.

CEILING HEIGHT: 18’ to 20’
ZONE: Industrial General

Have questions? Click here to learn more.

MARKET INSIGHT

🇺🇸 A New Chapter for CRE: Policy Shifts, Investor Opportunity & What’s Next

📈 Real Estate Recharged: A Look at the New Federal Landscape

As we navigate an evolving and uncertain economic landscape, commercial real estate investors are adjusting to a dramatically different federal policy environment. With a developer back in the White House 🏗️, priorities have unmistakably shifted toward growth, reinvestment, and private-sector stimulation.

As of May 2025, the U.S. economy faces heightened uncertainty due to renewed global trade tensions. Sweeping tariffs have triggered retaliation across key markets and contributed to a 0.3% GDP contraction in Q1. 📉 In response, the stock market has turned volatile, with investor sentiment softening amid inflation worries and fears of stagflation. Add to that the Federal Reserve’s continued rate-tightening efforts, and capital markets have become tighter—slowing CRE deal volume across the board. Office, retail, and hospitality sectors in particular are feeling the squeeze, leading many investors to reassess their strategies, timelines, and financing models.

🔥 Back in Action: Pro-Growth, Pro-Investor Policy is Here Again

The second Trump administration has reignited a bold, pro-investor agenda. At the forefront is the expected reinstatement of the powerful 2017 Tax Cuts and Jobs Act, including the return of 100% bonus depreciation—💸 allowing investors to immediately write off the cost of qualified property improvements. This provision alone previously unlocked capital, supercharged returns, and expanded the investor pool across asset classes.

Also making a comeback: the Opportunity Zones initiative 🎯—one of the most transformative real estate tools in decades. By offering capital gains deferrals and exclusions for investments in designated zones, this program sparked billions in CRE development in its first iteration. Combined with accommodative monetary policy (pre-2019), these policies drove tremendous momentum in industrial, multifamily, and redevelopment projects. The contrast from the prior administration’s slower-growth, regulatory-heavy approach couldn’t be clearer.

🚀 What’s Next for CRE Investors?

Looking ahead, the current administration has indicated support for restoring 100% bonus depreciation by 2026 and extending the Opportunity Zones legislation. These moves are designed to revitalize development, stimulate investment, and strengthen the commercial real estate sector nationwide. Expect a resurgence in investor confidence, fresh momentum in capital markets, and renewed focus on long-term CRE expansion.

We’ll continue monitoring these developments and sharing timely insights to help you stay ahead. The next chapter in CRE is unfolding—and it’s full of opportunity. 🏢💼📊

Questions?
Our team is here to help navigate the changing market. Reach out anytime.

COMMUNITY SPOTLIGHT

UNCORKED 2025 🖤🤍🥂
MAY 30 & 31, 2025
BRYN MAWR VINEYARDS

FRIDAY'S REVELRY: Friday, May 30 | 21+ | 5:00PM - sunset | $125 

Don your favorite cocktail attire, bring your friends, and celebrate your winning bids with a night of Revelry! Revelry guests will enjoy bidding on exclusive silent auction experiences while sampling Oregon's finest wines, signature brews, and tasty bites. Keep the party going as you dance the night away in the vineyard. 

SATURDAY'S LIVE: Saturday, May 31 | 21+ | 5:00PM - 10:00PM  | $300 

Strike a pose for your red carpet entrance followed by bubbly and oysters, a Super Silent auction featuring rare and large format fine wines and other exquisite art and experiences! Handcrafted drinks by Rob the Bartender available for purchase. Enjoy a gourmet, three-course dinner with wine pairings as you bid on unmatched Live Auction experiences and raise your paddles to give! Hit the dance floor with live music by the Flex Tones and delight in late-night snacks as the sun sets in the vineyard!