News

One of Portland’s whimsically nicknamed office towers, the “Black Box,” is in default on a loan, its lender says.
The city took down the Thompson Elk in 2020 during the protests against police and racial violence.
Portland developers are cautiously exploring the conversion of downtown office buildings into apartments, hoping to take advantage of newly eased restrictions. But among a growing number of tepid ...
The J.K. Gill Building is scheduled to go up for auction at the county courthouse in November. Lender forecloses on Portland's third-largest office building Why a 30-story Portland waterfront ...
The PacWest skyscraper in downtown Portland has hit the market for the first time in nearly a decade. PacWest, one of Portland’s largest office buildings, joins a march of high-profile office ...
PORTLAND, Oregon — Plans are in the works to sell two of the most iconic buildings that make up Portland's skyline: the 42-story U.S. Bancorp Tower, known as "Big Pink," and the 30-story PacWest ...
PORTLAND, Oregon — Portland's central business district ended 2023 with "the highest vacancy rate of any downtown office market in the entire country at 30.2%," according to a new report from ...
The U.S. Bancorp Tower, Portland’s largest office building, is for sale after losing its namesake tenant. A spokesperson for Seattle-based Unico Properties, which co-owns the property, declined ...
An urban planning firm that has played a major role in Portland’s reputation as progressive transportation epicenter over the past two decades has just raised their profile by moving into a new ...
Then-Mayor Sam Adams went to bat repeatedly for the building, predicting it would secure Portland’s image as a sustainability leader. The city pledged $6.7 million in urban renewal money.
Portland’s downtown office vacancy rate has declined slightly since the end of 2022, according to new information released by CBRE, a global commercial real estate services and investment company.
Two data points illustrate the problem Rubio and her colleagues are trying to solve: In 2022, Portland’s downtown office vacancy rates rose to 27%, up from 22% the previous year, while the ...