Newmark (NMRK), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Fremont Place I & II (the “Property”). Comprised of 124,817 rentable square feet across two existing office buildings, Fremont Place I & II is prominently situated on Northwest Naito Parkway along the Willamette River. The Property sits on a 5.1-acre site and is zoned EX (Central Employment), one of Portland’s most flexible zoning designations, allowing a broad range of uses including residential, commercial, hospitality, and light industrial development.
Currently 100% vacant with no lease encumbrances, the Property offers immediate possession and total programming flexibility – a true blank slate. With average floor plates of ± 25,000 square feet and 2.4 per 1,000 parking ratio, Fremont Place I & II provides a compelling basis for adaptive reuse, ground-up redevelopment, or a phased repositioning strategy.
Fremont Place I & II offers investors the opportunity to acquire two fully vacant office buildings on an irreplaceable 5.1-acre site with flexible zoning, direct Willamette River frontage, and immediate redevelopment potential in one of Portland’s most dynamic submarkets.