First Commercial Real Estate

First Commercial Real Estate First Commercial Real Estate is a full-service commercial real estate firm based in Salem, Oregon.

First Commercial Real Estate (FCRE), headquartered in Salem, Oregon, was founded in 2003 under the mission of an unwavering commitment to the service of clients in pursuit of their commercial real estate goals. FCRE embodies that mission, providing services in sales, leasing, tenant representation, site selection, investment analysis and land use consulting throughout Oregon. We work strategically

and in a collaborative manner to amplify our clients respective professional resources – legal counsel, accountants, general contractors, architects, and bankers with the aim of achieving their commercial real estate goals. While the FCRE business philosophy is rooted in producing results – we embody a service to the communities in which we operate, as we believe that a thriving community enhances livability and connection for all. We are intentional by supporting non-profits through volunteerism via board work and special committees.

09/02/2026

🚨 Retail space on Lancaster doesn’t open up often.

Lancaster Green now has suites available from 1,500 to 4,500+ SF in one of Salem’s busiest retail corridors.

📍 Signalized corner location
🏪 Near Pizza Hut, Jamba Juice & Wingstop
🛒 Across from Safeway & Walmart
🔑 Built-out spaces ready to customize
💲 Lease rates starting at $24/SF

High visibility. Strong neighbors. Serious traffic.

🚨 FOR LEASE — 3772 Portland Rd NE, Salem3,200 SF turnkey endcap on one of Salem’s busiest arterials (22,500 ADT). Open f...
08/18/2026

🚨 FOR LEASE — 3772 Portland Rd NE, Salem
3,200 SF turnkey endcap on one of Salem’s busiest arterials (22,500 ADT). Open floor plan, private offices, built-in coffee bar — move-in ready.
$22/SF/YR NNN
📩 DM to schedule a tour or reach out to Josh Kay & Ruth Dana.

FOR SUB-LEASE: 3400 River Rd N, Keizer, ORTurn-key restaurant space. 3,300 SF. Fully remodeled 2018.$12.85/SF/YR + NNNFF...
08/14/2026

FOR SUB-LEASE: 3400 River Rd N, Keizer, OR
Turn-key restaurant space. 3,300 SF. Fully remodeled 2018.
$12.85/SF/YR + NNN
FF&E available for purchase separately ($125,000)
📞 503-364-7400 | firstcommercialoregon.com

08/12/2026

Some horror stories are completely avoidable. 👻

Do your homework before you sign the lease.

07/24/2026

Multifamily properties are not a one-size-fits-all asset class.

When it comes to commercial real estate, the strategy changes entirely depending on the property type. Today, we’re touring four completely different housing models hitting the market right now - from pure cash flow to major development plays:

3705 Cherry Ave (Keizer): A duplex on a 0.44-acre lot with incredible development upside.

3701 Cherry Ave: A 9-unit mobile home park with expansion potential.

West Salem 6-Plex: A turnkey, low-maintenance asset that just had a major price reduction.

Ecols St Townhomes (Monmouth): A stabilized student housing machine with a constant waitlist.

Which one fits your portfolio strategy? Drop a comment below or send me a DM, and our team will send over the financials today.

07/21/2026

Prime office space is available at Mission Oaks.

✔ 3,200 SF turnkey office
✔ 8,000+ SF Class A suite
✔ Excellent location
✔ Plenty of parking

If your business is ready for its next move, let’s talk.

07/15/2026

Built to last. Positioned to perform. 📈

Cypress Center sits on Salem’s busy Lancaster Drive corridor, minutes from Fred Meyer and I-5, backed by a recent $1M exterior upgrade.

📍 Cypress Center

Financials available — link in bio.

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07/03/2026

Another one closed. 🔑🎉

Congratulations to Ruth Rushing Dana and Jennifer Martin, CCIM on the lease of the (former) Rogue building in West Salem! Here’s to another one ☑️

Huge congratulations, Ruth‼️

06/29/2026

What does home mean to you?

For many of the young people at Isaac’s Room, it means everything. It means belonging, stability, a seat at the table, and someone in the kitchen. Isaac’s Room helps divested young people build the capacity to rise to the challenges of life by providing a house, a home, and a family extended.

Right now, they’re working to complete the renovations at the 360 House so it can be all of that.

Whether you can give $100 or simply share this post, your support matters more than you know. Help us open the door to stability and purpose.

🔗 gofundme.com/f/opening-the-door-to-stability-and-purpose

06/22/2026

Salem’s original high school. Still the most beautiful. 🏛️

North Salem was built in 1937 during the Depression and it shows, in the best way. Mark Hatfield, Governor and US Senator and Frank Herbert, author of Dune all walked these halls.

Comment and let us know your favorite North Salem HS story or person.One of my favorite connections is my good friend Dustin Purnell who is the current principal of NSHS and an all around amazing human!

Salem Shalom Walks, exploring Salem one story at a time.

Address

365 State St
Salem, OR
97301

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+15033647400

Website

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