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Your Trusted Commercial Real Estate Partner in Salem, Oregon
Hancock Real Estate is a locally owned and operated commercial real estate firm serving Salem, Oregon and the surrounding Willamette Valley. With decades of combined experience in property management, investment sales, and strategic consulting, our team specializes in facilitating transactions for industrial, office, retail, and multi-family properties. We leverage deep market knowledge and personalized service to help clients achieve their real estate goals through strategic acquisitions, development, and investment solutions.

Our expertise extends to NNN leased properties, 1031 exchanges, and capital markets, supported by a commitment to community impact and client satisfaction. Backed by a proven track record in both private and institutional real estate transactions, we provide tailored guidance for tenants, buyers, and investors seeking long-term value.
Services
Investment Sales Property Management Strategic Consulting Tenant Representation Buyer Representation NNN Services
Highlights and features
  • We offer 30+ years of local commercial real estate expertise in Salem and the Willamette Valley.
  • Our team provides comprehensive services including investment sales, property management, and strategic consulting.
  • Proven track record in NNN leased property transactions and 1031 exchange investments.
  • Client-focused approach combining market analysis with personalized transaction support.
  • Deep understanding of industrial, office, and multi-family property dynamics in Oregon.
Services
Investment Sales
Our investment sales specialists facilitate commercial property transactions for institutional and private investors. We leverage market analytics and a network of 1031 exchange buyers to maximize asset value for sellers while identifying strategic opportunities for buyers. With expertise in NNN leased properties and capital markets, we ensure seamless transactions from listing to closing.
Property Management
We provide comprehensive property management services for commercial real estate owners. Our team handles day-to-day operations, tenant relations, and maintenance coordination to preserve asset value. Specializing in industrial, office, and retail properties, we implement systems to optimize cash flow and ensure long-term profitability for property owners.
Strategic Consulting
Our strategic consulting services guide clients through complex real estate decisions. We analyze market conditions, conduct site selection studies, and develop investment strategies tailored to business objectives. From location advisory to capital planning, we deliver data-driven insights to support informed decision-making for developers and institutional investors.
Tenant Representation
We advocate for tenants seeking commercial space solutions that align with business goals. Our team negotiates favorable lease terms while analyzing occupancy costs, facility functionality, and supply chain efficiency. Specializing in industrial, office, and retail spaces, we ensure clients secure locations that enhance operational performance and employee satisfaction.
NNN Services
Our NNN services specialize in single-tenant net leased property transactions. We connect investors with income-generating assets while assisting property owners with disposition strategies. With deep expertise in West Coast 1031 exchange markets, we create value through targeted marketing, asset storytelling, and investor relations for triple net lease properties.
People
Terry Hancock
Principal Broker | Founding Partner
With over 30 years in commercial real estate, Terry focuses on acquisition, development, and investment. A native Oregonian, he prioritizes community impact while managing client transactions from list to close.
Kelsey Oran
Principal Broker | Partner
Kelsey specializes in property management and business development. Her strategic communication ensures client continuity, combining local market knowledge with cross-state brokerage expertise in Oregon and Washington.
Patrick Oran
Broker | Partner
Patrick brings construction and analytics experience from Starbucks and Nike. His background in Willamette Valley projects informs strategic real estate solutions tailored to client needs.
Brendan Dettwyler
Broker | Chief Financial Officer
Brendan manages financial operations and market analysis. His expertise in data-driven decision-making supports strategic initiatives while maintaining Oregon broker licensure.
Shelly Mullins
Principal Broker | Transaction Manager
Shelly coordinates transactions with attention to detail, leveraging market expertise for property research and contract compliance. She ensures smooth processes from listing to closing.
Questions
What commercial real estate services do you offer?
We provide investment sales, property management, strategic consulting, tenant representation, and NNN leased property services across industrial, office, retail, and multi-family sectors.
Which areas do you serve?
Our primary service area includes Salem and the Willamette Valley, with brokerage expertise extending to Oregon and Washington state markets.
What sets your team apart?
Our team combines 30+ years of local experience with specialized knowledge in 1031 exchanges, NNN properties, and capital markets to deliver tailored real estate solutions.
How do you handle investment property transactions?
We utilize a shared database and proven processes to connect investors with income-generating assets, emphasizing strategic marketing and targeted buyer outreach.
Can you assist with industrial property needs?
Yes, we specialize in industrial facilities including cold storage, manufacturing, flex spaces, and distribution centers with expertise in operational cost analysis and site selection.
Reviews (7)
Carissa Kaiser
Jan 03, 2022 Report
Positive:Professionalism
The Hancock team made the process of selling our industrial property a delightful experience - from their insightful marketing report to an unexpectedly successful sale - with clear communication, streamlined documentation, and expert advice along the way.
Zach Lee
Aug 30, 2021 Report
Patrick and everyone at Hancock we dealt with were exceptional. Very professional, helpful, and knowledgeable. Was able to find us a place quicker than expected and was exactly what we were looking for. I would highly recommend!
Dan Farrington
Apr 18, 2021 Report
Positive:Professionalism
I had a great experience with Terry and his team. They were very pro-active in every part of my experience with selling my building. There was no surprises and I appreciate the extra phone call and/or email that I received each week with updates. Great quality and very professional.
Rex Robertson
Jan 19, 2021 Report
Working with the Hancock team is seamless customer service. They are always on top of the next step in the process. From the top down this group is top notch, a true pleasure to work with!
Steve Dangaran
Dec 10, 2020 Report
Had an amazing experiencing working with Terry, Kelsey, Brendan and the team when we needed help making decisions with a piece of commercial property we owned a few years back. Thanks for treating us like family and guiding us with wisdom and patience!! Steve and Janet Dangaran
Geoff Steelhammer
Dec 03, 2020 Report
Positive:Professionalism,Quality,Responsiveness,Value
The entire team at Hancock Real Estate is fantastic. They understand the markets they service, have extremely high integrity, excellent follow through and deliver results for their clients. Highly Recommended!!
Mat Hollen
Nov 23, 2020 Report
Positive:Professionalism,Responsiveness
Hancock Real Estate was wonderful to work with! We had some very specific needs for size, price, and location and they were patient and creative in finding the perfect spot for us! Fully recommend!