First & Main Bldg — Lease in Portland, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Portland, OR 97204
  • Submarket: CBD
  • Size: 20,825 SF

Photos

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Description

Located next to the Tom McCall Waterfront Park and the Hawthorne Bridge, and boasts sweeping views of the Willamette River and Mt. Hood. Within walking distance of the city’s most popular restaurants, hotels, business services and shopping destinations.

Market Context

This office in Portland, OR is listed for lease across 20,825 SF. Compare it against other office listings for lease in Portland, OR — view the full market.

As of Q2 2026, the Portland office market showed average asking rents near $32.70/SF/yr. Source: multiple brokerage reports, Q2 2026.

Estimated Market Rate

$2.25/SF/mo – $3.04/SF/mo

Mid: $2.65/SF/mo

Estimated total for 20,825 SF: $55,186 per month

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

By our match to nearby addresses in brokers' reports, this property is in the CBD submarket, where average asking rent was $34.05/SF/yr in CBRE's Q2 2026 report.

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