Description
Park Square is a two-building office property in Portland with 295,962 rentable square feet, offered through Kidder Mathews. The campus is near Waterfront Park and surrounding retail, with connections to Interstate 5, Interstate 405, US 26 and public transportation.
The seven-story 100 Market building contains approximately 113,913 rentable square feet and is reported as 76% occupied. Its principal tenant, Oregon Department of Justice, leases 78,799 square feet through June 30, 2035. The six-story Woolworth Building contains approximately 182,049 rentable square feet and is vacant. Recent improvements include a renovated grand atrium suitable for corporate gatherings.
Buyers can assess the occupied building's income alongside the vacant building's fit-out and leasing requirements. The combination provides options for an owner-user, a leasing investment, or a phased occupancy plan, subject to the current leases and capital needs.
Offering Summary
- Asking PriceUnpriced
- Property TypeOffice
- Size295,962 SF
- Available295,962 SF
- Occupancy29%
- Properties2 assets
- Built1969
- Parking0.711
- Total Acres~1.75 ac
Sale Details
- Walt9.50 Years
Documents
Property Address
Property Details
- Property Type
Office - Square Feet
295,962 SF - Available Space (SF)
182,049 SF - Occupancy
29% - Building Class
A - Year Built
1969 - Floor Plates (SF)
±15,000 SF; ±30,000 SF - Parking Ratio
0.71 - Tenancy
Multi - Amenities
Parking & Transportation, Dining & Retail, Wellness & Fitness, Events & Collaboration, Site & Outdoor - Operating Expenses ($/SF/yr)
8.12 $/SF/yr - Lease Type
NNN - Zoning
CX - APN
R272212 - Ownership Interest
Fee Simple - Acres
1.75
Deal Team





