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323 NW 12th Ave

Pearl, Portland, OR
Total Size
20,000 sqft
Zoning
EXD
Close To
Bluehour

Current Availabilities

$23.40
/sqft/yr
Nov 11
ago
Office

For Lease > Pearl District Creative Office/Retail

A rare opportunity to lease a 100% location in the Pearl District. The building is ideally located at the intersection of NW 12th and NW Flanders, adjacent to Rear Tilt, Bluehour, Wieden+Kennedy, and Rogue Brewery. This building provides creative, efficient, and amenity rich spaces desired by today’s cutting edge businesses.

Features - 20,000 RSF; includes 10,000 SF office/retail and 10,000 SF basement - Unique, highly-visible creative office, retail, showroom, signage opportunities - Sustainable adaptive reuse design, reflecting the industrial lineage of the Pearl District - Single or multi-tenant building - Large windows - One roll-up door - Showers - Abundant skylights

Listing agent for this listing
Daren Duke, Colliers International

The Neighborhood: Pearl

Most listings are in the $30's per square foot per year. The Pearl region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Greater Portland market, the Pearl submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Median Rate Median Size
Pearl $34
/sqft/yr
4,300
sqft
Median Rate Median Size
Greater Portland $30
/sqft/yr
2,340
sqft

Median Rate over Time in Pearl