American Bank Building — Lease in Portland, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Portland, OR 97205

Description

Commercial property listing from JLL. Property: American Bank Building.

Market Context

This office in Portland, OR is listed for lease. It has been on the market for 166 days. Compare it against other office listings for lease in Portland, OR — view the full market.

As of Q1 2026, the Portland office market showed a 27.1% vacancy rate, average asking rents near $32.00/SF/yr, and rents up 4.8% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Portland office market tightening or softening?
Vacancy is around 27.1%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$5.16/SF/mo – $6.98/SF/mo

Mid: $6.07/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

Contact

Explore this market

Similar Office for Lease in Portland, OR