BROKERAGE COMPANY PORTLAND RESTAURANT LOCATION FIRST TIME AVAILABLE IN 38 YEARS 111 Southwest Columbia, Suite 1380 | Portland, Oregon 97201 P: 503.223.9203 | www.melvinmark.com 111 SW COLUMBIA STREET PORTLAND, OREGON 97201 AVAILABLE 6,343 RSF - Full Restaurant (Divisible) RATES Call for Pricing By Appointment Only BUILDING HIGHLIGHTS • Ground floor, corner location of a Class A 15 Story, 300,000 SF Office/Retail building • Four-level parking garage attached with 249 spaces • Close to public transit system and freeway access • Walking distance to the Waterfront • Centrally located in the prominent Core Financial District FOR LEASE MARIA DUNCAN 503.546.4540 [email protected]DON DRAKE 503.546.4527 [email protected]
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All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
BROKERAGE COMPANY
PORTLAND RESTAURANT LOCATIONFIRST TIME AVAILABLE IN 38 YEARS
All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
LOCATION• Home to top companies, new
developments and populous office buildings
• Tremendous amenity rich location in the heart of the prominent Core Financial District
• Close to public transit system and freeway access
• Ample parking onsite & nearby
PORTLAND RESTAURANT LOCATION111 SW COLUMBIA STREET | PORTLAND, OREGON 97201A
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NEARBY LARGE TENANTSCompanyOregonianSAIFAmazon Web Services eBayPortland State University
Schnitzer Steel City of PortlandJAMA SoftwarePacific SourceSkanskaTripwire
NEW DEVELOPMENTSBuildingMultnomah County Courthouse250 Taylor
OFFICE BUILDINGSBuildingCrown PlazaHarrison Square3rd & Taylor - ProposedJustice CenterEdith Green/Wendall Wyatt Federal BuildingPacwest Center 5th Ave. BuildingUmqua Bank PlazaColumbia SquareKOIN Tower1515 Market SquareFirst & MainOne Main PlaceGus J. Solomon Courthouse 200 Market Building Wells Fargo Center World Trade Center 3World Trade Center
95 WALK SCORE “Walker’s Paradise”
93 BIKE SCORE “Biker’s Paradise”
95 TRANSIT SCORE “Rider’s Paradise”
COLUMBIA SQUARE
Number of Employees225125400+230+ EmployeesApprox. 29,000 Students & 7,000 Employees2,800+ 400170+5541,000 Employees globally400+
41,000 Total Locally
Square Foot
445,000 SF, $290M 18-story Courthouse, kitty-corneredA 183,494 SF, Class A Office Building
Square Foot 253,000 SF182,000 SF 198,825 SF307,324 SF413,770 SF
545,522 SF 180,000 SF276,676 SF 305,992 SF355,000 SF15,983 SF394,779 SF330,035 SF162,012 SF363,072 SF577,339 SF162,174 SF278,421 SF
5.7 million+ SF Total
All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
LOCATION• Walking distance to Waterfront Park,
PSU, Pioneer Place, Multiple Performing Arts Centers, hotels and a variety of retail amenities
• Transit, bike and walk friendly
• Surrounded by major hotels and large residential buildings
PORTLAND RESTAURANT LOCATION111 SW COLUMBIA STREET | PORTLAND, OREGON 97201A
All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
PORTLAND RESTAURANT LOCATION111 SW COLUMBIA STREET | PORTLAND, OREGON 97201A
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COLUMBIA SQUARE
MAJOR REPOSITIONINGS1) Wells Fargo Center
1300 SW 5th AveHome to the regional headquarters of Wells Fargo Bank, Portland’s tallest skyscraper was put on the market in June 2017. WEBSITE
2) 2 & Taylor135 SW Taylor St Newly redeveloped office/retail project including the following:a. Jama Software b. The Q Restaurant & Barc. 40 lbs Coffee
3) Portland Food Hall827 SW 2nd AveNew food hall consisting of seven restaurants and a bar. Opened April 2017. WEBSITE
4) World Trade Center26 SW Salmon St Renovation of the ground floor including redesigned retail storefronts and approximately 3,400 SF of new retail tenants including a new restaurant space on the corner of SW 2nd and Salmon Street.
5) One Main Place101 SW Main St New York Life purchased the building in December of 2014 for $87,300,000. The building was recently painted and will be undergoing renovations including a complete lobby remodel, and upgraded retail amenities.
6) KOIN Center222 SW Columbiapurchased by SKB January 2015 for $88,000,000. Undergoing renovations, full lobby renovation was recently completed, including a Ristretto Roasters coffee shop and a new cafe. WEBSITE
7) Macy’s621 SW 5th Ave KBS purchased the building (not the hotel portion) for $54,150,000 November 2016 and will be renovating the 152,000 SF of the former department store space into high-end creative office and new retail. WEBSITE
8) 1320 Broadway1320 SW Broadway St Formerly the Oregonian building, just completed a renovation into creative office space. Amazon (Elemental Technologies) leased 100,000 SF of space and D+H Financial Services leased 50,000 SF. WEBSITE
9) PacWest Center1211 SW 5th Ave.Purchased by Lincoln Property Group for $170,000,000 in December 2016. The building will be undergoing a major repositioning including a complete redesign of the ground floor and lobby, with added amenities.
10) Power + Light Building (Formerly the Public Service Building)
920 SW Sixth Ave.Beacon Capital Partners purchased the building for $91,000,000 in September 2016. The Building will be undergoing a major repositioning including lobby renovation.
11) Pioneer Place Mall700 SW 5th Ave General Growth Properties, owner of the mall, has plans to renovate the mall’s food court.WeWork Just signed a 40,000 SF lease at Pioneer Place Mall - WEBSITE
12) Congress Center 1001 SW 5th AveUnico purchased the building for $85,125,000 in January 2017. Planned reposition to be similar to U.S. Bancorp Tower.
NEW DEVELOPMENTS13) AC Marriot
888 SW 3rd Ave13 floors, 130’ , 204 Room Hotel with ground floor bar, lounge, lobby, coffee and breakfast room. The hotel is now open. WEBSITE
14) Multnomah County Courthouse 1220 SW 1st Ave17 floors, 310’, $300,000,000 new development. This project is currently under construction. WEBSITE
15) 140 SW ColumbiaNew mixed used development – 20 floors, 200’, 312 residential units and 13,000 SF of retail. WEBSITE
16) Porter Hotel (Curio by Hilton) 1355 SW 2nd Ave16 floors, 190’, 299 hotel rooms. Opened Spring 2018. The ground floor will feature a cafe, bar, and restaurant. The top floor will feature a high-end restaurant and lounge with patio. WEBSITE
17) New 4-Star Hotel 930 SW 3rd AveSW 2nd Ave & SW Salmon Street – 20 floors, 245 hotel rooms with rooftop bar and pool.
RECENT ACQUISITIONS18) Pioneer Tower
888 SW 5th Ave. La Salle purchased the building June 2016 for $121,750,000. In the coming years the tenant mix of both the office users and retail users will improve due to the new ownership of the building.
19) Umpqua Bank Plaza1 SW ColumbiaZeller Realty Group purchased the building for $90,000,000 in January 2017. Upgrades will be made in the coming years which will improve the tenant mix of both the office and retail users due to the new ownership.
All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
PORTLAND RESTAURANT LOCATION111 SW COLUMBIA STREET | PORTLAND, OREGON 97201A
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6
11
13
9
12
61
5
4
PORTER HOTEL
10
MULT CO.COURTHOUSE 2&TAYLOR
ACMARIOTTFIRST& MAIN
2
3
COLUMBIA SQUARE
PARKING AVAILABILITY # LOCATION TOTAL
SPACES
1 2nd & Yamhill 95
2 4th & Yamhill 650
3 5th & Salmon 475
4 5th & Taylor 697
5 1st & Morrison 164
6 1st & Market 200
7 4th & Harrison 289
8 1st & Harrison 277
9 Under Morrison Bridge 300
10 1st & Jefferson 960
11 1852 SW River 100
12 4th & Columbia 1,108
13 1st & Clay 730
14 1st & Columbia 249
TOTAL 6,294
7
814
All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
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