Peterkort Station Office Space
For Lease
Contact for pricing
SW Barnes Road & SW Sunset Transit Center, Portland, OR 97225
Proposed office building at Peterkort Station near highways and light rail.
Property Size72,000 SF
Days on Market185
Property Features for SW Barnes Road & SW Sunset Transit Center
General Information
Standard status
Active
Size
72,000 SF
Property subtype
Office
Listing Agency:
(503) 307-3075
Listed By:
Jeff Falconer, SIOR
(503) 307-3075
Source:
Corfac
Added: Jan 26
Changed: Jul 10
Last Checked: Jul 30 at 6:05AM
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.
A proposed office building at Peterkort Station offers between 72,000 and 172,000 square feet of space. The building features exposed wood construction using cross-laminated timber (CLT). The design includes a two-story atrium in the lobby and on alternating floors, as well as operable windows. A raised floor plenum enhances efficiency, comfort, and aesthetics. The property also boasts a large event roof deck and is designed to achieve LEED certification. Ample covered parking is available, with a built-to-suit parking ratio of 3.1 spaces per 1,000 square feet. Peterkort Station is located at the interchange of Highway 26 and Highway 217, offering growth opportunities for tenants up to 1,000,000 square feet. The location is surrounded by retail, hotels, housing, parking, and light rail access.
Key Highlights
- Up to 172,000 SF of customizable space (Built to Suit).
- Excellent location at the interchange of Highway 26 and Highway 217.
- Exposed Wood Construction (CLT) and stunning 2‑story Atrium.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,619
Businesses Nearby
Explore this area
Business Placement
Demographics for 97225, OR
26,247
Population
12,219
Households
2.1
Avg Household Size
41
Median Age
62%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,917
Density / Sq Mi
$111,341
Median Household Income
$60,933
Median Earnings
$1,703
Median Rent
$709,500
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Proposed office building at Peterkort Station near highways and light rail.
Where is this office building located?
The property is located at SW Barnes Road & SW Sunset Transit Center Portland, OR.
What are key features of this property?
This property features: Up to 172,000 SF of customizable space (Built to Suit).; Excellent location at the interchange of Highway 26 and Highway 217.; Exposed Wood Construction (CLT) and stunning 2‑story Atrium.
