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Class A Office Space Available
For Lease
$37 SF/Yr

760 SW Ninth Avenue, Portland, OR 97205

Premier office space in a 30-story mixed-use building.

Property Size220,889 SF
Days on Market185

Property Features for 760 SW Ninth Avenue

General Information

Standard status Active
Size 220,889 SF
Property subtype Office

Building Details

Year Built 2016
Listing Agency:
Listed By: Jeff Falconer, SIOR
Source: Corfac
Added: Jan 26 Changed: Jul 10 Last Checked: Jul 30 at 5:18AM

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 Jeff Falconer, SIOR

Investment Insights

Based on property information with market context.

Park Avenue West Tower is a 30-story, 546,000 square foot mixed-use building situated in the heart of Portland's central business district. This building, Portland's sixth-highest tower, is located at 760 SW Ninth Avenue, immediately adjacent to Nordstrom, Fox Tower, and Director Park on the MAX line. The tower incorporates 13 stories of Class A office space, 15 stories of apartments, and two stories of retail, along with 6 stories of underground parking. The property features glass curtain walls that provide unobstructed, 360-degree views. The office portion of the property is anchored by Stoel Rives, the largest law firm in Portland. Available office spaces range from 2,300 to 6,787 RSF. The 22nd floor offers south, west, and north views. The building has efficient and flexible floor plates, with ceiling heights of 10 to 11'5". It also features a gracious lobby and common areas, operable windows, a club-quality fitness center and lockers, secured bike storage with showers and lockers, and state-of-the-art conference facilities. Tenants benefit from local and responsive property management. Additional features include DIRTT Furniture/Wall Systems, destination dispatch elevators, a premier workout facility, a secured bike hub, and on-site parking at a ratio of 1:1,250. The building is LEED Platinum certified.

Key Highlights

  • Prime location in the heart of Portland's central business district, adjacent to Nordstrom, Fox Tower, and Director Park on the MAX line.
  • Class A office space with amazing South, West, and North views from the 22nd floor.
  • LEED Platinum certification.

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,305
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value

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

This space is priced 90% above the average of $19.5 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Premier office space in a 30-story mixed-use building.
Where is this office units located?
The property is located at 760 SW Ninth Avenue Portland, OR.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Portland's central business district, adjacent to Nordstrom, Fox Tower, and Director Park on the MAX line.; Class A office space with amazing South, West, and North views from the 22nd floor.; LEED Platinum certification.
More about this property
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