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Flex Office and Insulated Warehouse
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19018 NE Portal Way, Portland, OR 97230

Class A flex space features a two-story atrium with office build-out and a fully insulated warehouse area.

Space Size90,894 SF
Days on Market535

Property Features for 19018 NE Portal Way

General Information

Standard status Active
Size 90,894 SF
Property subtype INDUSTRIAL

Spaces For Lease

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19018 NE Portal Way

Floor
Bldg
Size
90,894 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- 10,913 SF Class A office with two story atrium: - 8,045 SF 1st Floor Office - 6,702...
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Listing Agency: Cresa | Portland
Listed By: Sean Connors
Source: Moodyscre
Added: Mar 26, 2025 Changed: Sep 8 Last Checked: Sep 10 at 11:18AM

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 Cresa | Portland

Investment Insights

Based on property information with market context.

This Class A flex property combines office space with warehouse/manufacturing support. The layout includes 8,045 SF on the first floor and 6,702 SF on the second floor, which includes office and storage. A two-story atrium serves as a central feature connecting the office areas. The warehouse/manufacturing portion totals 76,147 SF and includes an open breakroom and locker room for employees.

The warehouse is fully insulated, with new LED lighting throughout both the warehouse and office. Lighting is supported by custom zoning and timing controls. A dedicated server room with HVAC is included. The space also has racking and air compressor lines available for a subtenant, and the current build-out was completed in 2020.

The property provides an integrated setup for office operations alongside warehouse/manufacturing use within a single, insulated facility.

Key Highlights

  • 10,913 SF Class A flex space with a two‑story atrium and separate office and warehouse/manufacturing areas
  • 8,045 SF 1st‑floor office plus 6,702 SF 2nd‑floor office/storage
  • 76,147 SF warehouse/manufacturing area with large open breakroom and locker room

Property Analytics

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Current Use

Plexus Corp Portland Factory

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Hair Salon Electrical Service Auto Parts Store

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

210
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97230, OR

41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Portland, OR

$15.77 /SF/Yr
Avg Asking Price
$2.07–$23 /SF/Yr
Price Range
13,035 SF
Avg Space Size

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019
4.1% 2020
2.5% 2021
2.1% 2022
4.2% 2023
5.5% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Class A flex space features a two-story atrium with office build-out and a fully insulated warehouse area.
Where is this flex space located?
The property is located at 19018 NE Portal Way Portland, OR.
What are key features of this property?
This property features: 10,913 SF Class A flex space with a two‑story atrium and separate office and warehouse/manufacturing areas; 8,045 SF 1st‑floor office plus 6,702 SF 2nd‑floor office/storage; 76,147 SF warehouse/manufacturing area with large open breakroom and locker room
(917) 842-9699 Call to check price and availability
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