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Planned Office Campus with Rooftop Decks
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827 NE Oregon St, Portland, OR 97232

Planned two-building office campus offers large floor plates, 11-foot finished ceilings, and outdoor space on each floor.

Property Size38,011 SF
Days on Market1290

Property Features for 827 NE Oregon St

General Information

Standard status Active
Size 38,011 SF
Property subtype OFFICE

Amenities

residential buildings with street-level restaurants
retail
fitness
grocery
medical
large floor plates
11' finished ceilings
glass lines
deep daylighting
outdoor space
rooftop decks
access to blumenauer bridge
portland streetcar
max lines
walking distance to lloyd center
oregon convention center
moda center
Listing Agency: Capacity Commercial Group
Listed By: Jeff Falconer
Source: Moodyscre
Added: Jan 20, 2023 Changed: Jul 28 Last Checked: Aug 2 at 9:47AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This planned two-building office campus is designed with large floor plates and 11-foot finished ceilings, along with glass-lined areas intended to support daylighting and flexible space planning. Each floor includes outdoor space, and both buildings feature rooftop decks.

The development is positioned adjacent to Hassalo on Eighth, which includes street-level restaurants, retail, fitness, grocery, and medical. The campus provides direct access to the new Congressman Earl Blumenauer bicycle/pedestrian bridge, with walkable access to the Portland Streetcar and MAX lines. It is also within walking distance of Lloyd Center, Oregon Convention Center, Moda Center, and other nearby destinations.

The two-building configuration is described as expandable, supporting a campus-style tenant environment with multiple outdoor amenity points across the buildings.

Key Highlights

  • Planned two‑building SE office campus with large floor plates and 11' finished ceilings
  • Glass lines designed to support deep daylighting and flexible space planning
  • Outdoor space on each floor in both buildings

Property Analytics

Current Use

Childrens Service Social Service Agency bootshubs Clothing & Fashion Store Deershoes Department Store utopiamoment Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Mobile Phone Store Tanning Salon Adult Day Care Pet Grooming 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

4,798
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value

Market

Lease Benchmarks for Portland, OR

$18.37 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
21,894 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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Planned two-building office campus offers large floor plates, 11-foot finished ceilings, and outdoor space on each floor.
Where is this office building located?
The property is located at 827 NE Oregon St Portland, OR.
What are key features of this property?
This property features: Planned two‑building SE office campus with large floor plates and 11' finished ceilings; Glass lines designed to support deep daylighting and flexible space planning; Outdoor space on each floor in both buildings
(503) 307-3075 Call to check price and availability
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