Jackson Tower
Office | 53,774 SqFt
Marketing description
Colliers is pleased to present the opportunity to acquire the fee-simple interest in the Jackson Tower building (the "Property"), a historic 12-story multi-tenant office building prominently situated at the heart of downtown Portland. Originally constructed in 1912, Jackson Tower is one of Portland's most recognizable architectural landmarks, occupying a prime corner location on SW Broadway directly adjacent to Pioneer Courthouse Square — the city's civic and commercial center.
The Property totals 53,774 rentable square feet across 12 stories with floor plates ranging from 1,640–8,820 square feet with in place income. This significant vacancy presents a compelling value-add opportunity for an investor seeking to reposition a trophy historic asset at an attractive basis in one of the Pacific Northwest's primary urban markets.
Investment highlights
- Prime corner location on SW Broadway directly adjacent to Pioneer Courthouse Square — the geographic and civic center of downtown Portland
- One of Portland's most recognizable architectural landmarks
- Central Commercial (CX) zoning
- MAX Light Rail and Portland Streetcar stops steps from the front door
- Walk Score of 100, Bike Score of 92, and Transit Score of 94
- Subterranean parking garage on site
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