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PacWest Center in Portland sells at deep discount
The PacWest Center in downtown Portland sold to Alaska-based Fountainhead Development for $55.7M, less than half its pre-pandemic value.
Survey: Many office tenants planning for growth
According to a CBRE survey, 43 percent of office users plan to expand space as attendance rises, signaling gradual recovery in the U.S. office market.
Analysts: Office market will see a ‘soft landing’
鈥淣ow is a great time to buy an office building,鈥� said Patricia Raicht, JLL鈥檚 national director for research for the Western U.S. and Latin America.
Office vacancies climb as pandemic endures
Timing of a full recovery is still unclear, and Portland reportedly is failing to keep pace with other cities in the West.
Portland office vacancies climb, rents fall
Asking rents for Class A office space in the Portland-metro area fell in the second quarter as vacancy rates rose, according to a new report.
Office tenants wanted; inquire within
5 MLK is one of many new office buildings that have arrived during a pandemic. How they bounce back will have a significant impact on Portland鈥檚 economic recovery.
Commercial property fetches $32.3 million
ScanlanKemperBard, a real estate merchant bank based in Portland, has purchased the Parkway Woods Business Park in Wilsonville.
Office market showed strength before coronavirus
Net absorption in Portland during the first quarter of 2020 was a healthy 112,667 square feet, according to a Jones Lang LaSalle report.
Riverfront office buildings in Portland fetch $36.5 million
A two-building office property in the Pearl District has sold to a fund managed by Rialto Capital Management LLC.
Revving up renovations to tempt tenants
Office repositioning projects are not new, but multiple factors have led to building owners pursuing a rush of renovations in Portland.
Rental management firm leases space in the Pearl
Portland-based Vacasa has agreed to lease 61,000 square feet of office space at Heartline, a new mixed-use development in the Pearl District.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
- Beware of when the debt collector comes calling | Opinion
- Assembly of a future workforce begins with an invitation | Opinion
- Beware of overlooking legal requirements for remote workers | Opinion
- Become a critical thinker and transform a workplace | Opinion
- Managing construction risks with international suppliers | Opinion
- A rally with many engines: the lesson of 2026’s first half | Opinion
- Oregon housing challenges persist despite sound and fury | Opinion
- When does an employee’s bullying become harassment? | Opinion
- Ditch disorganization 鈥� the cost of deferred decisions | Opinion
- Consider 10 common risks for healthcare construction projects | Opinion
- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion
