THE PEARL SPACE | 1,510 SF

Photo 1: Best Photo of Building

RETAIL CREATIVE 1227 NW 11TH AVE RETAIL / OFFICE SPACE IN THE HEART OF THE PEARL

BRIAN GREELEY | TYLER BRUSS | 503.228.3080 WWW.URBANWORKSREALESTATE.COM 1227 NW 11TH

ADDRESS | 1227 NW 11TH SPACE | 1,510 SF AVAILABLE | MAY 1, 2018 AREA | PEARL DISTRICT USES | RETAIL / OFFICE SITKA APARTMENTS Sitka Apartments is a 6 story, 209 unit affordable housing apartment building complete with ground floor retail. Located in the heart of Portland’s Pearl District, Sitka was designed, engineered, and constructed with careful attention to its environmental impact. The major focus of the environmental design was to reduce the use of energy and natural resources in the ongoing operation of the building. Sitka Apartments is 100% leased.

INTERIOR OF THE SPACE

1227 NW 11TH | 2 FLOOR PLAN

BREAKROOM AVE

AVAILABLE th 1,510 SF NW 11 NW

ADA BATHROOM

1227 NW 11TH | 3 AREA DEVELOPMENT

NW Front Ave NW Savier St 1

NW Raleigh St 3 5 2 4 NW Quimby St 7 9 NW Pettygrove St 6 8 SITE 11 NW Overton St 10

NW Northrup St

12 NW Station Way NW Marshall St

NW Lovejoy St 13

16 NW Kearney St 14 15

NW Johnson St 17

NW Irving St

NW 15th Ave NW 14th Ave

NW 13th Ave

NW 9th Ave 9th NW NW 10th Ave 10th NW

NW 12th Ave NW 11th Ave

1. Abigail Apartments - 155 apt. units 10. The - 150 condos 2. Broadstone Pearl - 146 apt. units 11. Station Place Lot 5 - 9 Story office building 3. Block 26 - 93 apt. units 12. Wolff Development - 840 apt. units 4. Block 20 - 143 condos 13. 930 NW. 14th - mixed use development 5. Redevelopment 14. Stagecraft Building - Design Within Reach 6. 1440 NW Overton St. - 69 apt. units 15. Block 136 - 208 apt. units + offices 7. Modera Pearl - 290 apt. units 16. Post Office Redevelopment 8. The N.V - 284 apt. units 17. Pearl West - Class A office building 9. - 281 apt. units

The Pearl District is located just north of the central business district of Portland, Oregon. For years this area was a warehouse district that later evolved to house many artists’ lofts. In the last 10 years, this area has blossomed into a retail and residential mecca, all paved by the artists and creative influence in the area. The district is bordered by NW Broadway to the east, NW 16th/I-405 to the west, W. Burnside to the south and the Willamette River to the north.

There are approximately 6,179 existing and planned residential units in the Pearl District. Naturally, retail has followed the residential boom, including grocery (Whole Foods, a 47,000 square foot Safeway and Pearl Market), service (dry cleaning, salons, banks, interior design services, etc.), boutique retail (clothing, shoes, eyewear, gifts, flowers, garden stores and art galleries), big box retail (REI and Office Max), 24 Hour Fitness and food (more than 35 restaurants and bars and numerous coffee establishments).

1227 NW 11TH | 4 AREA RETAIL & DEMOS

.25 MILES .5 MILES 1 MILE 2017 POPULATION 5,332 10,471 34,212 TOTAL EMPLOYEES 3,240 17,573 86,494 TOTAL BUSINESSES 285 1,582 7,439 MEDIAN HH INCOME $91,656 $81,058 $59,718 MEDIAN AGE 38.1 36.6 35.6 SOME COLLEGE 94.6% 92.6% 87.7%

BRIDGEPORT BREWPUB REI

LOVEJOY BAKERS

SISTERS COFFEE CARLITAS

1227 NW 11TH | 5 PEARL DISTRICT

CHILDPEACE MONTESSORI ACADEMY Food and Drink Retail MAGNUM OPUS Other

RIDE CAFE

THE OLD PORTLAND

PLANET GRANITE THE PARKER APTS THE FIELDS PARK FREMONT APTS NV APTS OVATION PURE SPACE BLOCK 17 APTS PIZZICATO

ECRU MODERN STATIONER CARLITAS TEA BAR CAN FONT THE FIELDS LA FITNESS WYATT APTS TANNER RESIDENCE INN PURE BARRE VIA DELIZIA SPRINGS PARK CERULIEAN WINERY BRIDGEPORT BREWPUB SISTERS COFFEE OASIS FOOT SPA BARRE 3 LOVEJOY STATION

GNC SAFEWAY METRO CONDOS ZOOM CARE KEY BANK CHIPOTLE SERES SUBWAY

NOSSA FAMILIA FEDEX LOVEJOY BAKERS PEARL THAI OFFICE MAX YAMA SUSHI STARBUCKS PERCH BURN CYCLE THRONE OLIVE OR TWIST URBAN GRIND THE HAIRY LOBSTER TITLE 9 WELLS FARGO DESIGN WITHIN JAMISON REACH COOL MOON ICE CREAM REI GREEN LEAF SQUARE UNION STATION PIAZZA ITALIA SINJU SUSHI GANN BROS. 24 HOUR FITNESS HOTLIPS PIZZA IRVING ST. KITCHEN THE HABERDASHERY ZOOM CARE LIZARD LOUNGE

FUEGO BURRIOTS BLACK ROCK RECYCLED CHIC COFFEE RITE AID BURRITO BAR MIO SUSHI PARAGON GIORGIO’S PARKLANE LOW BROW MATTRESSES HUNT & GATHER CIELO HOME THE BAR METHOD FRENCH THE LUNCHBOX BARISTA QUARTER LINENS OBLATION ALLORA VERDE COCINA KEEN BLICK BED MART HARVEY’S COMEDY CLUB CHA CHA CHA WHOLE BOWL PIZZA SCHMIZZA PDX CONTEMPORARY ART PARK KITCHEN STARBUCKS PHO VON FRESH BLACKFISH GALLERY BYWAYS CAFE PINTS UPS STORE COCCOON SILK VERDUN CHOCOLATES BANK OF 10 BARREL BREWING THE WEST ROGUE VERDUN NUVREI KHAO SAN PUBLIC HOUSE GARNISH CHOCLOATE TAO OF TEA HONG DEN LAN SU ROOM & CULTURED HANNA ISABEL RICH’S CIGAR STORE SHERWIN ANDERSSON WILLIAMS BOARD PEARL TANNER CREEK TAVERN STAG PDX CHINESE CUPCAKE JONES TRATTORIA JOHN’S CAFE 1227 NW 11TH | 6 GARDEN THE SHADE BEN & GALLO NERO CAFE UMBRIA JERRY’S LIFE OF RILEY STORE GOLDEN HORSE SEAFOOD PEARL BELLA CASA PRASAD THE FOX & HOUNDS BLUE HOUR PIATINO TAVERN MING LOUNGE YOGA PEARL PENDELTON RAINBOW ROOM VAULT UPS STORE HOUSE DESCHUTES CAL SKATE OF LOUIE CC SLAUGHTERS BREWERY RED ROBE TEA HOUSE SISTERS OF THE OLD TOWN PIZZA FAT HEAD’S THE NORTH ARMORY MARINEOPOLIS NORTH ROAD CAFE BREWERY FACE CAFE FREE PEOPLE LOS GORDITOS PARK THE BARREL ROOM INDEX PDX ANTHROPOLGY ATHLETA LITTLE BIG BURGER BLOCKS KIRIKO MADE OLD TOWN GROCERY STORABLES LULU LEMON STARBUCKS UPPER MI MERO OREGON LEATHER BREWERY BLOCKS THE PLANK MOLE SHAKE DIXIE TAVERN SPLASH BAR PLAYGROUND WHOLE FOODS SUR LA TABLE SUSHI SILVER CHARLIE’S BLACK BOOK ICHIBAN DOLLAR II CHEN’S GARDEN BAR HELEN’S DOUBLE TEE GOOD TASTE TUBE HENRY’S POWELL’S DR. MARTENS MARKET PRODUCTIONS TOMS TAVERN BOOKS DANTE’S BAR PHYSI-BERRY CRYSTAL TUGBOAT SANTERIA XV BAILEY’S TAPROOM FIFTEEN BALLROOM BREWING PORTLAND CITY GRILLTACO SHANGHAI HEART PIZZA JAKE’S JR’S ON BROADWAY VOODOO LAND DOUGHNUT TUNNEL BAR CACAO BAMBOO U.S. OUTDOOR LITTLE BIRD SUSHI REAL TASTE TIMBUK2 OF INDIA DISTRICT DAN & LOUIS MASU SUSHI QUICKFISH BISTRO OYSTER BAR STUMPTOWN SAUCEBOX ASH STREET ACE HOTEL SALOON THIRSTY LION MANDARIN HOUSE BUNK EMBASSYSTUMPTOWN CASSIDY’S THE BENSON TIGER EXPRESS SCOOTER SUITES MA & PA SIMPLE. LOCAL. COFFEE MCQUADES DONUTS MARKET ANIMAL BLUE STAR GRASSA ROCHE STARBUCKS LARDO BOBOIS TRAFFIC E-SAN THAI KELLS FRANCIS MAY LA JAROCHA POLLO THE ORIGINAL BIJOU CAFE CHROME U.S. BANK BRAVO TASTY & DINERANT ALDER MARUKEN LECHON KASK RAMEN KNIT PURL UNION BANK STARBUCKS HEART MAIPHAI

COFFEE COURTYARD SUPERBITE MULTNOMAH WHISKEY HOTEL LUCIA LIBRARY MARRIOTT THAI PAZZO DOWNTOWN ALDER & CO RISTORANTE IMPERIAL GROCERY CAPTAIN WM KEYBANK ANKENY STARBUCKS HOTEL VINTAGE PORTLAND GOODS JAKE’S GRILL CLUB ROUGE GREEN OUTDOOR ROOM OREGON WINES MARRIOTT PEET’S STARBUCKS STRAIGHT TO THE SENTINEL ON BROADWAY COFFEE THE POINT ROCK & ROLL HOTEL AL-AMIR CHILI PIT ROMA T.J. MAXX HUBER’S SHIFT BRUNCH BOX CHASE BANK PUBLIC DOMAIN OFFICE SAINT RITE CASEY’S MOTHER’S GROUNDWORK RISTORANTE TARGET AID DEPOT HOTEL COFFEE CO. BURN MAYAS CUPCAKE ROCKETMONACO KELLY’S PORTLAND BISTRO BRIDGE & TAQUERIA DAILY GRILL FIZZ OLYMPIAN LUGGAGE 2ND AVENUE KOJI OSAKAYA RED STAR MAMA MIA EAST INDIA CO. KARAM RECORDS MOMO’S KALE VERIZON AROY THAI TRATTORIA THE DAILY FEAST INDIA HOUSE JIMMY FRESHII PETRA MUCCA OSTERIA JOHN’S NORDSTROM THE NINES KILLER BURGER URBAN BARISTA GARDEN BAR FARMER ECLIPSE CASE STUDY STARBUCKS DEPARTURE JOY POKE ART WORK REBELS GARDEN BAR STARBUCKS PIONEER SQUARE FEDEX JUNIORS AT TAYLOR FRESH ROLL ENERGY BAR RINGSIDE NIKE PASTINI BUFFALO ADDY’S WILD WINGS PORTLAND NORDSTROM STARBUCKS RACK URBAN REGAL WINE BAR FAUNA TARTBERRY MOUNTAIN LOUIS VUITTON PIEOLOGY BAIT SOUTHPARK HARDWEAR BANANA REPUBLIC POTBELLY GALLERIABIKE SEAFOOD COLUMBIA RUTH’S CHRIS BANK OF AMERICA PORTO TERRA PIONEER PLACE ROSS BARLOW APPLE H&M ROCK SHIGEZO HOPCITY BOTTOM GANDHI QDOBA MICROSOFT AT&T INDIA YARDHOUSE TIFFANY & CO. YAMHILL THE HEATHMAN PUB BOTTLE + KITCHEN FOGO DE CHAO THE WHOL BOWL SENSEI CAFÉ PONTÉHOTEL ROSE KURE FOOT MOD STARBUCKS PIZZA TRAFFIC GRILL LUC LAC WELLS FARGO BANK VEGGIE PENDELTON PADDY’S BAR & GRILL SCHMIZZA SALAD PICNIC HOUSE SUBWAY 7-ELEVEN WORLD ARTBAR BISTRO MCDONALD’S HIGH NOON BEHIND THE Q RESTAURANT ZARZ ON FIRST MUSEUM CAFE BIG TOWN HERO CITY COFFEE ZING THE MELTING POT FUTURE HOTEL LOWNSDALE LA QUINTA HOTEL site SAFEWAY SQUARE CAFE TODAY HIGGINS World Trade CenTer BISHOPS GIFFORD’S ONE MAIN FLOWERS CAFE CHAPMAN PLACE STARBUCKS GARY SWANK SQUARE KEYBANK RAVEN & ROSE PORTLANDIA THE GOOD FRESHII KERR BIKES RISTRETTO EARTH CAFE STARBUCKS ROASTERS FIRST & MAIN SCHRUNKTERRY PLAZA ROSE’S DELI WELLS FARGO BANK BOTLE & STARBUCKS BOTTEGA MCMENAMINS STARBUCKS MARKET STREET PUB BRIDGE CITY CAFE FUTURE MULTNOMAH MIZO SUSHI HOUSE OF RAMEN COUNTY THE PORTER COURTHOUSE PLAID PANTRY HOTEL U.S. BANK UMPQUA BANK WELLS FARGO MORTON’S THE STEAKHOUSE MANDARINPLAZA DELI MIKA SUSHI COVE

MARRIOTT

GHOST LIGHT BAR

COOKIE CABANA

AUGUSTMOON CROWN PLAZA

RIVERS EDGE CAFE MURATA THREE DEGREES MERCEDES OF PORTLAND IL TERRAZZO

LITTLE RIVER CAFE

UPSTREAM COFFEE

YOMI SUSHI

MCCORMICK & SCHMICK’S PORTLAND SPORTS BAR & GRILL

BRILLIANT SALON & SPA