Downtown Portland Office
For Lease
Contact for pricing
621 Southwest 5th Avenue, Portland, OR 97204
Prime office space in the heart of downtown Portland.
Property Size27,160 SF
Days on Market250
Property Features for 621 Southwest 5th Avenue
General Information
Standard status
Active
Size
27,160 SF
Property subtype
Office
Listing Agency:
CBRE | Portland
(503) 221-4867
Listed By:
Thomas Fellman
(503) 221-4867
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Portland
Investment Insights
Based on property information with market context.
This office space is located in downtown Portland, across from the northeast corner of Pioneer Courthouse Square. The Meier & Frank Building spans a full city block and is positioned near four MAX Light Rail lines, multiple bus stops, and Biketown stations. The Portland Streetcar is a short walk away. The surrounding area features numerous restaurants, cafes, local and big name retailers, breweries, and food truck gatherings. The Pine Street Market, a food hall with gourmet vendors, is also nearby. Tenants have access to over 14,000 square feet of amenities, including a redesigned entry and lobby, an upscale lounge area, a fitness center, a conference and meeting center, and secure bike storage. The property offers 27,160 square feet of office space.
Key Highlights
- Unbeatable location directly across from Pioneer Courthouse Square.
- Access to over 14,000 SF of amenities, including a fitness center, conference center, and lounge.
- Excellent public transportation access with four MAX Light Rail lines.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
12,966
Businesses Nearby
Explore this area
Business Placement
Demographics for 97204, OR
1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent
Market
Lease Benchmarks for Portland, OR
$19.5 /SF/Yr
Avg Asking Price
$0.6–$40.6 /SF/Yr
Price Range
25,476 SF
Avg Space Size
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Prime office space in the heart of downtown Portland.
Where is this office units located?
The property is located at 621 Southwest 5th Avenue Portland, OR.
What are key features of this property?
This property features: Unbeatable location directly across from Pioneer Courthouse Square.; Access to over 14,000 SF of amenities, including a fitness center, conference center, and lounge.; Excellent public transportation access with four MAX Light Rail lines.
