Listing Agency: CBRE | Portland l***@cbre.com Show Phone

Listed By: Lana Baldock · License #970900091 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 19 at 6:21AM

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Investment Insights

Based on property information with market context.

Umpqua Bank Plaza is a landmark office building offering sweeping views of the Portland waterfront, Willamette River, the mountains of the Cascade Range and downtown Portland.

Key Highlights

• Landmark office building located in Umpqua Bank Plaza
• Sweeping views of the Portland waterfront
• Enjoy the views of the Willamette River

Property Analytics

Property Profile

Current Use

Toshoku America Inc Logistics Company MSE Capital Corporation Auto Repair Shop Van Der Weele ... Law Firm K & L Gates: ... Law Firm Brownstein Rask LLP Law Firm

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Tanning Salon Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

9,703

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Portland, OR

$34.07 /SF/Yr

Avg Asking Price

$12–$180 /SF/Yr

Price Range

26,474 SF

Avg Space Size

Vacancy Rate% for Office in Portland, OR

10.1% 2019

12.3% 2020

16.1% 2021

18.5% 2022

20.8% 2023

21.7% 2024

24.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Landmark office building with sweeping views available for rent.

Where is this office building located?

The property is located at 1 Southwest Columbia Street Portland, OR.

What are key features of this property?

This property features: Landmark office building located in Umpqua Bank Plaza; Sweeping views of the Portland waterfront; Enjoy the views of the Willamette River