Newmark (NMRK), as an exclusive advisor, is pleased to present the opportunity to acquire the controlling condominium interest in Block 90 (the “property”) – a mixed-use assemblage of six (6) units totaling 48,058 square feet, located along the Pearl District’s highly coveted NW 13th retail corridor. With a 3.0% vacancy rate, the NW 13th retail corridor boasts the lowest retail vacancy rate in downtown Portland. The Pearl District demographics boast an average household income over $100,000 and a highly educated workforce with 60% achieving a bachelor’s degree or higher.
Situated in Portland’s most desirable submarket, the Pearl District is a testament to urban renewal. Block 90 benefits from an exceptional location along NW 13th, the district’s premier retail corridor, which is rapidly becoming one of the city’s top destinations for dining, shopping, and cultural activities. Offering a blend of modern amenities, a vibrant walkable atmosphere, and seamless connectivity to the greater Portland metro area, the location epitomizes urban living and retailer paradise.