1405 Antelope Rd, White City, OR, 97503

Scott King and Caspian Hoehne of Merit Commercial Real Estate exclusively represented the Seller in the sale of an industrial site with ±5,700 SF of warehouse space across two flex buildings with one tenant at the time of sale.

The Challenge: There were several challenges addressed when marketing the Property. Primary concerns taken into consideration when creating marketing materials involved property research and strong communication with the Seller about prior environmental concerns via wetlands mitigation, current lease terms and overall building infrastructure/condition.

Merit's Process: The Merit team focused on gaining a thorough understanding of the Property’s location, prior use, market position, and the overall condition of the parcels. High-quality visual marketing and strong regional outreach ultimately helped identify the buyer. The offering included two adjacent parcels with additional attention given to determining the clearest and most effective way to position the Property for prospective buyers. Once under contract, the transaction was relatively straightforward, with assignment and assumption agreements and organized documentation incorporated as part of the closing process. The transaction required negotiating the addition of a third parcel to guarantee the buyer's access to the property.

The Result: The property sold for $1,650,000 in an all cash transaction in September, 2026. The addition of the third parcel increased the sales price above initial asking. The Seller was ultimately able to retire all debt with their remaining adjacent real estate with the additional sale proceeds, and both parties were more than happy with the end result.