Two Centerpointe Drive — Lease in Lake Oswego, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Lake Oswego, OR 97035
  • Size: 115,447 SF
  • Year built: 1999

Description

Market Context

This office in Lake Oswego, OR is listed for lease across 115,447 SF. The building dates to 1999. It has been on the market for 113 days. Compare it against other office listings for lease in Lake Oswego, 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

Estimated total for 115,447 SF: $700,763 per month

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 Lake Oswego, OR