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621 SW 5th Ave
Portland, OR 97204

Rate Upon Request

Office For Lease • 1,979+ SF

Property Details

Property Type Office
Year Built 1908
Total Building Size 208,520 SF
Tenancy Multiple
Building Class A
Zoning CX

94 Transit Score

100 Walk Score

3 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste A	Retail	1,979 SF	Rate Upon Request
Renovations under way for new retail space in one of downtown Portland's most noteable structures. Date available: Now Lease term: Negotiable Service type: Negotiable Space Type: Relet In Contiguous block: 14,945 SF
1st Floor Ste B	Retail	6,925 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: Negotiable Space Type: Relet In Contiguous block: 14,945 SF
1st Floor Ste C	Retail	6,041 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: Negotiable Space Type: Relet In Contiguous block: 14,945 SF

Description

The Meier & Frank Building, one of Downtown Portland’s most notable structures, is a 16-story condominium interest property with 208,520 rentable square feet. KBS, in conjunction with Sterling Bay, is redeveloping the former Macy’s department store on the first 5 floors of the building into a best-in-class, mixed-use, asset encompassing space that includes street level retail and creative office. Floors 6-16 of the property are home to The Nines Hotel, downtown Portland’s most luxurious hotel including Departure Restaurant & Lounge, and Urban Farmer Steakhouse. The Meier & Frank Building is a historic, glazed terra cotta structure that originally held the headquarters of the Meier & Frank department store chain. The property encompasses an entire city block across from the vibrant Pioneer Courthouse Square and the highly successful Pioneer Square Mall. This location lies in the heart of Downtown Portland’s cluster of creative office space, as well as being in the midst of numerous national retailers. Being across from the epicenter of Portland’s Public Transit System, where all MAX Light Rail lines intersect, this property experiences unparalleled pedestrian traffic.

                
                    Highlights
                
                                Located in the heart of Downtown Portland's cluster of creative office spaces
                            
                                Surrounded by numerous national retailers
                            
                                Across from the epicenter of Portland’s Public Transit System
                            
                                Highest Daytime Pedestrian Traffic Intersection Downtown

Property Flyers

View the Urban Works Lease Brochure

Amenities

Atrium
Bus Line
Conferencing Facility
Property Manager on Site
Bicycle Storage
Central Heating
Air Conditioning
On-Site Security Staff

Major Tenants

Tenant	SF Occupied	Lease End Date
Apex Clearing	11,783 SF
Finastra	28,217 SF
MUJI Chelsea	15,250 SF
Oregon State University	40,000 SF	8/31/2028
The Nines	40,000 SF

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	4 min	13 min	0.7 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	16 min	-	8.3 mi
Transit/Subway	Drive	Walk	Distance
Mall/Sw 5Th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	1 min	0.1 mi
Pioneer Square North (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	2 min	0.1 mi
Pioneer Place/Sw 5Th (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	0 min	2 min	0.1 mi
Pioneer Square South (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	2 min	0.1 mi
Morrison/Sw 3Rd (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	3 min	0.2 mi
Airport	Drive	Walk	Distance
Portland International	21 min	-	12.3 mi

Dan Bozich 360-803-1645 Urban Works Real Estate

621 SW 5th Ave Portland, OR 97204