Stratacache Listed Large Eugene Industrial Site
The 1.2 million-square-foot facility is now being marketed on LoopNet.
Updated on Oct. 14, 2026 in Commercial
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Stratacache has listed its massive industrial campus in Eugene, Oregon, for sale. The 1.2 million-square-foot property is being marketed as a potential technology or manufacturing hub.
Why it matters
The listing marks the return of a significant industrial footprint to the local real estate market. The facility offers substantial space that could be repurposed for modern high-tech or semiconductor operations.
The site spans 1.2 million square feet and was originally built in the late 1990s at a cost of approximately $1.5 billion. Stratacache acquired the property in 2020 for $6.3 million.
The players
Stratacache
This company is a technology firm based in Dayton, Ohio, that manages various industrial and commercial property assets.
The details
The Eugene facility, which formerly served as a semiconductor production plant until its 2008 closure, remains listed on LoopNet. Potential buyers are being targeted for its capacity to support large-scale manufacturing, high-tech infrastructure, or warehouse logistics.
Timeline
Late 1990s: The semiconductor production campus was originally constructed.
2008: The plant was closed by a South Korean manufacturer, eliminating 1,400 jobs.
2020: Stratacache purchased the Eugene industrial building for $6.3 million.
September 2026: Stratacache donated an industrial property in Waterloo, Iowa.
October 2026: The Eugene facility was officially listed for sale.
Culture Shift
The sale of this massive industrial site follows the 2008 regional economic contraction in Eugene, Oregon. It reflects a broader shift toward repurposing defunct semiconductor infrastructure to attract new technology investment.
The sale could potentially lead to the revitalization of a dormant site that has not hosted full-scale manufacturing operations since 2008. Residents may see changes in site usage depending on whether a new owner pursues high-tech development or logistics operations.
The takeaway
Large industrial properties often require significant capital investment to transition between different tech-sector uses. Prospective developers must balance the existing site infrastructure against the costs of modernizing a facility built decades ago.
Further reading
For more information on the regional market, see Commercial.
Source note: This article includes information reported by Dayton Daily News.
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