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BuildingSearch.com has numerous Salem commercial real estate listings. Thousands of commercial real estate listings in Salem are tracked on our site including land, retail, office, industrial and med/bio-tech developments. Make sure to include the various Salem commercial real estate categories, including, Multifamily/Investment, Office/R&D and Industrial/Warehouse while searching for Salem commercial real estate listings.

Salem is the capital of Oregon, and the third largest city in the state after Salem and Eugene. The population of the Salem Metropolitan area is approximately 385,000 making it the second largest urban area in the state. While in decline for years, Salem commercial real estate for sale and Salem commercial real estate for lease have seen great demand recently.

State government is Salem's largest employer, but the city also serves as a hub for the area farming communities and is a major agricultural food processing center, making the need for commercial real estate in Salem one that is always growing. It lies along the I-5 corridor and is within an hour's drive of Oregon's largest city, Salem. Location makes commercial real estate in Salem an advantage to many companies.

The top private employer in Salem is the Salem Hospital with over 2,700 employees. Others that call Salem commercial real estate home include the Confederated Tribes of the Grand Ronde's Spirit Mountain Casino west of Salem, the T-Mobile Calling Center, GE Security (Formerly Supra Products Inc.), Wachovia Securities, Norpac Foods Inc., Roth's Family Markets, and Willamette University.

Numerous projects are underway to increase commercial real estate in Salem and the supply of housing in the downtown core. These projects will provide upscale, low and high rise condominium and more commercial real estate in Salem including office and retail space.

Agriculture and livestock, which is highly diversified in the Salem area, was valued in 2002 at more than $556 million in Marion and Polk counties. Vegetables and fruits, nursery and greenhouse crops, grass seed, and dairy products led with more than 50 percent of the total agricultural value. During the peak of food processing time in August and September, some 10,000 workers are employed in the industry. Contributing to this growth is the Willamette Valley wine industry, which is gaining a strong national reputation for its wine varieties. commercial real estate in Salem will continue to grow along with the agriculture and livestock industries.

Manufacturing in the Salem area has become increasingly diverse. Major manufacturing employers include the traditional food processors, fabricated metal products, high-tech equipment such as cell phones, snow boards, and area newspapers have all found homes with Salem commercial real estate. Most employment classified as lumber and wood products is actually in the manufactured building industry making pre-fabricated structures.

Salem commercial real estate has many incentive programs for new companies looking for commercial real estate in Salem or existing companies looking to expand or relocate their company with Salem commercial real estate.

In recent years the emphasis in the Willamette Valley has switched from business recruitment to business retention and expansion programs designed to help resident companies "stay put and stay healthy." With this emphasis change, commercial real estate in Salem is increasing and becoming a necessity. Most incentive programs are state loan, worker-training, and tax credit packages provided by the Oregon Economic Development Department and arranged through the Mid-Willamette Valley Council of Governments or the Salem Economic Development Corp. (SEDCOR). The Salem area has three enterprise zones for qualified manufacturing and wholesale distribution firms that allow a three- to five-year property tax exemption on improvements. commercial real estate in Salem is a great choice for any company looking to expand, grow or relocate.