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516 - 540 SE Morrison Street - The Weatherly, Portland, OR

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DetailMap
516 - 540 SE Morrison Street - The Weatherly

Portland, OR 97214-2327 - SE Close-In Submarket

(1.9 MB)

Property Type:Office Sub Type:- Status:Existing , Renov 2003 Year Built:1928
Stories:12 Typical Floor:4,500 SF Building Size:63,608 SF
Smallest Space:286 SF Largest Space:2,231 SF Total Space Avail:3,838 SF Rent/SF/Yr:
$18.00 - $25.92
Parking:140 Surface spaces @ $50.00/mo; Ratio of 2/1,000 SF Amenities:Bus Line, Conferencing Facility, On Site Management, Signage, Bicycle Storage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 2nd
286 SF
$25.80/SF/Yr
Vacant
1 yr
Office
 MEZZ
2,231 SF
$18.00/SF/Yr
Vacant
Negotiable
Office
 5th
1,321 SF
$25.92/SF/Yr
Vacant
Negotiable
Office
 
12703905
11238756
12235482
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
2nd
286 SF
$25.80/SF/Yr
Vacant
1 yr
Office
MEZZ
2,231 SF
$18.00/SF/Yr
Vacant
Negotiable
Office
5th
1,321 SF
$25.92/SF/Yr
Vacant
Negotiable
Office
The nationally recognized historic building stands 12 stories tall and is known as the first skyscraper in SE Portland. Recent renovations have restored the building's regal elegance and style of 1927, by one of Portland's own NW premiere interior designers.

The grand lobby features the original twenty-foot high marble columns and flooring. The golden clock sits perched upon the wall in the entryway above the three elevator cabs and is a functional timepiece that reminds us of that bygone era. Although the building captures the historical relevance and appeal of the late 1920's, the remaining areas in the building and the office suites are quite contemporary.

All of the office suites include large windows with magnificent views of Mt. Hood, Mt. St. Helens, Downtown Portland, the Willamette River and its many bridges.

The Weatherly is a 70,000 square foot building and retail tenants include Bank of America, Nirvana Cafe and the Portland Running Company. Office tenants are a mix of financial/ mortgage, counselors, attorneys, non-profit, and other professional businesses.
The Weatherly is located at the corner of Morrison Street and Grand Avenue, and is the gateway to Portland's bustling central business district and is only minutes away from downtown Portland.

The Weatherly boasts of a close-in location near I-84 and I-5. All tenants enjoy the use of the exclusive common area conference room, on-site security, parking, bike storage and 24 hour access to the building.

Retail Suites w/ Drive-Thru & Two-Story Opportunity for Lease

Space Available: 1,155-6,984 RSF
*Min. Divisible: 1,155 RSF
**Mezzanine Space Available
Lease Rate (Ground Floor): $30 psf Modified Gross
Lease Rate (Mezzanine): $18 psf Modified Gross

Property Features:
• 4,717 RSF of Retail, Including a 892 RSF Mezzanine 2-Story Opportunity
• Ability to Increase Mezzanine Space by 2,231 RSF for 6,948 RSF Total
• Streetfront Retail Space with Great Frontage
• Large Adjacent Pay Parking Lot with Opportunity for Dedicated Parking & Drive-Thru

Location Features:
• Close-In SE Portland, East of the Morrison Bridge
• Close to Grand Ave, MLK Blvd, the Goat Blocks and Downtown
• Neighboring Retailers Include Robo Taco, Grand Central Bowling,
The Growler Guys, Commons Brewing, Trifecta Tavern & More



Colliers International
  
Mayfield Management


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