Salem
Verrus Proposes Oakline Data Center Campus in Salem’s Mill Creek Corporate Center
Verrus is pitching a three-building data center campus for a Heritage Oak-studded corner of Salem’s Mill Creek Corporate Center, betting that a battery-backed,...
IRG Completes Multi-Million-Dollar Overhaul of 528,000 SQFT Former NORPAC Plant in Stayton, Ore.
Industrial Realty Group has finished a top-to-bottom redevelopment of the shuttered NORPAC food-processing plant in Stayton, Oregon, converting more than 528,000 square feet...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Oregon Tourism Clears $14.6 Billion as Portland Hotel Distress Tests the Recovery
Statewide visitor spending and 122,900 jobs mask a two-speed market where rural destinations boom and Portland lodging assets trade at deep discounts Oregon’s...
Fourth Avenue Capital Acquires New Construction 174-Unit Spring Woods Apartments in Salem for $39.3MM
The Seattle-based middle-market multifamily firm’s acquisition at approximately $225,862 per unit continues its strategy of targeting newly built assets below replacement cost in...
Oregon Lawmakers Approve $2.1MM to Acquire 180-Acre Abiqua Falls Property Near Silverton
The bipartisan deal secures a beloved 92-foot waterfall listed on Redfin, but state park officials warn that millions more will be needed to...
Rhino Investments Group Secures $42.8MM to Refinance Multi-State Retail Portfolio that Includes 109,000 SQFT Salem, Ore. Property
Life Company Execution Supports Lease-Up and Preserves Asset-Level Flexibility for Rhino Investment Group Properties in California, Illinois, Oregon, and Wisconsin Irvine, Calif. (February...
204-Unit Willamette Park Apartments in West Salem Trades for $46.3MM in Q4 2025
The transaction values the 2007-vintage community at approximately $226,961 per unit, marking one of the largest multifamily sales in Salem’s history. Willamette Park,...
Portland Multifamily Market Closes 2025 With Shrinking Pipeline, Improving Vacancy, and $1.76 Billion in Transactions
HFO’s Q4 Marketwatch report finds construction starts at decade-low levels, absorption outpacing deliveries, and institutional buyers re-engaging as the metro positions for a...
Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025
The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...
56-Unit Battle Creek Lodges in Salem Trades for $7.25MM
Salem, OR (January 2026) – HFO Investment Real Estate is pleased to announce the successful year-end sale of Battle Creek Lodges, a 56-unit...
Investors Capital Group Sells 168-Unit Multifamily Property in Salem, Ore., for $32MM
Salem, OR. – October 16, 2025 – CBRE facilitated the sale of Fruitland Meadow, a 168-unit multifamily property, located at 5192 Caplinger Road...
