Expect More... Expect Results
First Commercial Real Estate
3550 Liberty Road South, Suite 290
Salem, Oregon 97302-5622
Phone: 503.364.7400   |   Fax: 503.364.7422

The Philosopher Heraclitus once said, “The only thing that is constant is change.”

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First Commercial Real Estate Services, however, has had several constants since its origin. Customer service, excellent communication and delivering results are just a few constants that will continue to be a top priority for the company. Change though, is inevitable and often a catalyst for exciting opportunities. After almost 11 years, Christie Sullivan, Marketing Manager and Broker for First Commercial is making a change in her professional career. Christie reflects, “I have learned so much working with Terri. Pursuing excellence and never settling for anything but the best for clients are just two of the many things I will take away from my time here. I can honestly say that this ‘work family’ at First Commercial has been incredibly special and a rare blend of unique personalities that I know cannot be duplicated anywhere.” Christie is headed to Church Extension Plan (CEP) where she will be their new Marketing Project Manager. 

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First Commercial Real Estate Services (FCRES) had a busy and productive 2017 with no signs of slowing heading into the first quarter of 2018.  Some of our most notable successes include 100% lease-up of the Park Front and Vista340 office projects.  These large iconic office buildings, one new and the other remodeled, are great examples of local businesses investing in Salem and solidifying their roots in this great community.

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First Commercial Real Estate Services, LLC is proud to announce the PARK FRONT office building is 100% leased.  We are thrilled for the owners and tenants to work in what is already an iconic building in the downtown riverfront landscape.  Rich Duncan Construction is making noticeable progress and witnessing the building take shape is an exciting process.

The fortunate tenants for this beautiful new building are Huggins Insurance on the first floor, The Gatti Law Firm on the second and a portion of the third floor, Keudell/Morrison Wealth Management on the third floor and Northwest Financial Advisors, a financial advisory practice of Ameriprise Financial Services, Inc. on the fourth floor.  The projected move in date for the majority of the tenants is slated for April 2018.  Terri Frohnmayer, listing broker for Park Front, had this to say about the project, "Park Front is not only a win-win for the owners and tenants, but for downtown Salem as well.  The opportunity to bring vibrancy to downtown and in such a collaborative way with local investors and partners makes me proud to work in the Salem commercial real estate market."

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November 17th was a surprisingly sunny day and perfect for the groundbreaking ceremony for the new Park Front Office Building.   Friends, family and dozens of participants involved with the project all turned out for the ceremony which ushers in a new era for the downtown riverfront landscape. 

The ceremony was beautifully organized by Holly Tindall of Ideal Planning LLC.  Whether it was the hot coffee and beverages to the amazingly realistic chocolate nuts and bolts, to the 4-piece trombone band, the smallest details made a big impact.

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At the ceremony, co-owner of Park Front, TJ Sullivan, expressed how important it was for the ownership to use LOCAL companies whenever possible on this project. That being said, this collaborative effort is spearheaded by local businesses:      AC+Co Architecture|Community        Rich Duncan Construction       Pioneer Trust Bank.  

ONLY ONE (1) FLOOR IS REMAINING.  CLICK HERE FOR MORE INFORMATION AND COME JOIN THE FOLLOWING TENANTS:

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Call First Commercial Real Estate for more information:  503.364.7400.

 

 

 

We love our clients and appreciate when they share the love back!  Read below some of our most recent comments/reviews.

 

Thank you Terri for being you and Christie for all the smiles! We are super excited to be getting into our new commercial space. Weve been looking at this spot since we opened up and are thrilled to have it. Thank you for making it so easy!!

                             - Travis York, York Custom Mechanical

 

Jeff Miller has been a dream to work with. He has helped us find a great new location for our office as well as introduced us to contractors and others who have helped our big move and office ownership come to pass!

                            - Dr. Sean Hanson, Oregon Smile Care Center

 

Salem’s latest redevelopment is coming soon, located on a beautiful section of the Willamette River! This 3.88 acre property, 901 Front Street NE, currently houses a 52,000 square foot warehouse structure which will soon be demolished to make way for a new, two-building, state of the art senior living community. This project will have a significant impact in our local economy by creating over 100 new jobs!

Construction is scheduled to begin in the summer of 2017 for this Riverside Senior Community. First Commercial Real Estate is proud to help usher in new development to this up and coming area located just north of the downtown core. 

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This complete remodel will bring a fresh & modern look to the iconic Salem landmark. Formerly referred to as the “Prudential Building”, this will now be VISTA340. The 4 story building is located on the corner of Commercial & Vista, boasts scenic Valley views and contains 25,861 square feet of leasable Class A Office space.

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Dr. Sean Hanson with Oregon Smile Care Center has just moved into their new building in the Madrona Office Park located at 2045 Madrona Ave SE Salem. Dr. Hanson and his team are very excited about their new location, new equipment and technology they are now able to offer their clients. They believe the new, warm, modern amenities and layout will provide a more comfortable and inviting setting for both existing and new clients.

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The former Boise Cascade site in downtown Salem will be entering a new stage of development that will surely compliment the newly built South Block Apartments. Marquis Companies, headquarted in Portland, will be developing a post acute rehabilitation facility.  First Commercial represented Marquis in the purchase of the North Block site.  We then brokered the sale of a portion of Marquis' site to Park Front LLC.

Park Front LLC will be building a 27,000 square-foot commercial building. TJ Sullivan, co-owner of Huggins Insurance is part of Park Front LLC, which has several investors. He says construction for the $8.5 million building will begin in the summer of 2016 and finished by May 2017.  The construction of this building will be undertaken by local contractor, Rich Duncan Construction.

 

First Commercial Real Estate Services is comprised of a well-balanced group of team players. One common thread that ties us together is our involvement and participation in sports. Each of us were former athletes and even today, we still try to get out on the course, court or field (either playing or coaching). Our experiences with competitive sports taught us all about self-discipline, communication, persistence, teamwork and overcoming adversity. Each of these attributes applies to our lives today and gives us not only the drive, but the edge to succeed in the commercial real estate world.

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