Umpqua Bank Plaza — Sale in Portland, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Portland, OR 97258

Description

Class A Office for Lease Portland Umpqua Bank Plaza i is a landmark office building offering sweeping views of the Portland waterfront, Willamette River, the mountains of the Cascade Range and downtown Portland

Market Context

This office in Portland, OR is listed for sale. It has been on the market for 196 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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