**Contact broker for details regarding remaining lease term and availability. Available FOR SALE or FOR LEASE Cushman & Wakefield is proud to offer this exciting and culturally significant development in Portland’s real estate and design community. The Schoolhouse Factory Building is a historic and architecturally iconic structure located at 2181 NW Nicolai Street. For years, this four-story, 125,000+ square foot building has served as the headquarters, showroom, and manufacturing facility for Schoolhouse Electric, one of Portland’s most beloved and nationally recognized design brands. With Schoolhouse transitioning out of the space, the building presents a rare opportunity for a new chapter in one of the city’s most storied locations. Built in 1910 and designed by renowned architect John Virginius Bennes, the building is listed on the National Register of Historic Places as the Pacific Hardware & Steel Company Warehouse. It stands as a remarkable example of early 20th-century industrial architecture — thoughtfully restored to preserve its original character while supporting modern creative use. Schoolhouse Electric, founded in 2003, has been a landmark trailblazer in American lighting and home goods. Their mission — to create new-generation heirlooms — has been deeply tied to this physical space, which has become emblematic of Portland’s design-forward, hands-on spirit. This transition marks both the end of an era and the beginning of a new opportunity for an entrepreneur, creative enterprise, or company that values the cultural and architectural legacy of Portland. Contact us today for more details and to schedule a private tour of this unique property.