Manufacturing – Warehouse
Amazon—Salem OR
- 129,850 SF Class A Manufacturing Facility
- Infrastructure and Capital improvement
- Expedited Ten Acre Parking construction
Phase One
Acquisition
Reich Brothers Purchases 129,850 SF Class A Intact Solar Manufacturing facility from Panasonic for $7,650,000
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Phase Two
Execution
Reich Brothers sold the Intellectual Property and ran a six month onsite and online liquidation of the machinery and equipment
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Phase Three
Capital Improvement
Reich Brothers sold the Intellectual Property and ran a six month onsite and online liquidation of the machinery and equipment
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Phase Four
Marketing and Leasing
Reich Brothers sold the Intellectual Property and ran a six month onsite and online liquidation of the machinery and equipment
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Phase Five
Tenant Improvements for Amazon
Once all assets were monetized and removed from the site, Reich Brothers began the demolition of the 1,800,000 square feet of building and structures.
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Timeline
Sept 2016
Acquisition
Oct 2016
Liquidation and public auctions commence thru January 2017
March 2017
Machinery and Equipment
Removed
Nov 2017
Remediation and demolition
projects begin
Feb 2019
Demolition Completed
June 2019
Environmental remediation
completion expected
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Project Completion
Fully Improved Stabilized Asset with Credit Tenant
Projected shovel in the ground for development expected in the Fall 2019
Case Studies
Ready for construction
Former Columbus Castings Facility
2211 Parsons Av, Columbus Ohio
Renewed Purpose
Former Oscar Mayer Headquarters
910 Mayer Av, Madison Wisconsin
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Let’s Build Something
contact@reichbrothers.com
172 South Broadway, White Plains, NY 10605
+ 1 914-614-1800