law firm lease – Daily Journal of Commerce /news/tag/law-firm-lease/ Building and Construction News in Portland, Oregon and the Pacific Northwest Thu, 29 May 2025 22:05:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.6 /files/2023/08/favicon.webp law firm lease – Daily Journal of Commerce /news/tag/law-firm-lease/ 32 32 Office tenant switches downtown Portland towers /news/2025/05/29/lindsay-hart-lease-downtown-portland-office/ Thu, 29 May 2025 22:05:28 +0000 /?p=509133 Lindsay Hart LLP has agreed to lease a 15,610-square-foot space in the Standard Insurance Center after previously occupying space in the Wells Fargo Center.

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A law firm has signed a lease for a 15,610-square-foot in a tower.

LLP agreed to terms for space on the 27th floor of the , at 900 S.W. Fifth Ave. The firm will relocate from another downtown tower, the Wells Fargo Center, in November, according to a news release from , which represented the landlord, Standard Insurance Co.

“This transaction highlights an encouraging trend of leasing activity in downtown Portland,” stated Kevin Kaufman, first vice president at CBRE. “This agreement reflects the growing momentum in Portland’s central business district and the appeal of high-quality office spaces in the area.”

Kaufman and Joe Beehler secured the Lindsay Hart deal for CBRE. Lindsay Hart was represented by ‘s Eric Haskins.

Built in 1968, the full-block Standard Insurance Center is among the largest buildings in Portland, with approximately 460,000 square feet in 27 stories.

Law firms and other professional service providers have been stalwart users of downtown office space, which remains mired in a steep downturn.

Davis Wright Tremaine and Fisher Phillips anchor the office space at Block 216, the new tower owned by BPM Real Estate. Miller Nash was among the first tenants at Eleven West, another relatively new building from Downtown Development Group.

Architecture firms have embraced downtown. SERA Architects moved into 42,000 square feet in the Galleria building in 2022. And Populous, a major international firm, will move its Portland group into an as-yet unidentified downtown building in the fall.

In a shift, downtown offices are now attracting more tenants than are the suburbs, according to CBRE. In the first quarter of 2025, downtown Portland office buildings secured more leasing volume for spaces 5,000 square feet and larger than suburban office buildings did.

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