Newberry Building — Sale in Portland, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Portland, OR 97204

Description

Located in the heart of the CBD, the 620 & NEWBERRY BUILDINGS offer creative office suites from 300 to 55,000 RSF. Superior access to retail, restaurants, transit, and parking Building conference room with WiFi Views of the river, mountains and downtown Adjacent to Pioneer Place, Nike Town, The Nines Hotel, and Hotel Monaco At the intersection of 2 MAX lines Top of building signage opportunities On-site bike parking, exercise facility, and building locker rooms and showers Free quarterly bike repair and maintenance for tenants Lease rate: $24.50 to $29.50/RSF full service

Market Context

This office in Portland, OR is listed for sale. It has been on the market for 140 days. Compare it against other office listings for sale 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 assets trade 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).

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