Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in the Commonwealth Building (the “property” or “Commonwealth”), a pioneering creative-tech office tower prominently fronting the Sixth Avenue transit mall in the heart of Downtown Portland. As Portland’s first traditional office tower to undergo creative conversion, the Commonwealth Building has an undeniable track record as a catalyst for creative office in Portland. At the 50-yard line of Downtown Portland, the Commonwealth Building has exceptional connectivity and accessibility to the Greater Portland metro.

Completed in 1948 and recognized on the National Registry of Historic Places in 1976, the Commonwealth Building was designed by world renowned architect, Piertro Belluschi, and pioneered several innovative features. Standing at fourteen stories, the property was one of the first glass box towers ever built and is widely recognized as the country’s first modern skyscraper and first International Style building erected in the United States.

With over $19 million of capital invested into the property since 2013, the Commonwealth Building offers tenants best-in-class modern amenities with flexible office build-outs. Further, with larger 20,000 SF floorplates on the 2nd through 6th floors and smaller 12,000 floorplates above, the property offers tremendous optionality and efficient design.