NAI Firms Collaborate to Complete $14.2 Million Industrial Sale in Salem, Oregon
NAI Global Brokers: Rick Page (NAI PSP), Chris Lio (NAI Elliott), Fred Meyer (NAI Mertz)
Property Address: 4004 Industrial Drive SE, Salem, OR
Property Type: Industrial
Property Size: 136,277 SF
Representation Type: Seller
Salem, OR — In a testament to the power of collaboration within the NAI Global network, three NAI offices joined forces to successfully close the $14.2 million sale of a 137,000-square-foot industrial property in Salem, Oregon.
Rick Page of NAI Puget Sound Properties received a referral to assist a Mexico-based company with U.S. headquarters in Pittsburgh, PA seeking representation for an Oregon asset. Recognizing the opportunity to leverage NAI’s extensive national platform, Page partnered with Chris Lio of NAI Elliott (Oregon) and Fred Meyer of NAI Mertz (New Jersey / Pennsylvania) to secure and execute the assignment.
The team marketed the former glass manufacturing facility situated on approximately 15.6 acres, highlighting its prime location with immediate access to Interstate 5 and convenient connectivity to major West Coast markets including Seattle, Portland, Sacramento, and San Francisco.
The property was ultimately sold to a wholesale produce company for $14,200,000, underscoring the continued strength, collaboration, and client-focused service that define the NAI Global network.
“This transaction showcases the seamless cooperation and shared expertise that our clients benefit from across the NAI platform,” said Tina Pappas, President of NAI Puget Sound Properties. “By working together, our teams delivered exceptional results for an international client in a competitive market.”
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm providing a full range of services including leasing, sales, investment, and property management through its member firms. With more than 300 offices worldwide, NAI Global connects clients to market-leading professionals and local expertise across the globe.
For more information, visit www.naiglobal.com.