for lease | northwest

The Brewery Blocks / Blocks 1, 3, 4, 5 2 spaces available: +/- 2,914 square feet @ 13th & burnside +/- 949 square feet @ 12th between couch & davis

dan bozich andrew usher craig sweitzer 503.228.3080 www.urbanworksrealestate.com

Updated | 9.17.08 the area pearl district overview | Over the past decade the Pearl District has transformed from heavy industrial manufacturing and rail yards to a thriving retail and residential Mecca. The overall district is bordered by NW 16th/I-405 to the west, NW Broadway to the east, Burnside to the south, and the to the North. The residential growth has been the catalyst for the ever-emerging area with approximately 6,000 existing and planned residential units in the pipeline. The residents of the area on average are between the ages of 25-40 with the vast majority being single or couples without children. This growth has created the demand for retail, which has flourished in order to support this population.

parks | Woven between residential and retail are several existing and planned parks: Park, at NW 10th & Johnson attracts residents, visitors and throngs of families with children during warm weather to play in the fountain. , located at NW 11th & Marshall features wetlands, a pond with a pontoon and cobblestone pathways. The next planned park is an activity park between NW 10th & 11th and Overton & Quimby Streets. This three acre park, which will be called The Fields, is currently in the planning stages. Construction is proposed to start mid-2008. The spans six blocks between NW 8th & Park and provides another greenspace for residents and visitors to enjoy.

pearl district retail mix | • Grocery (Whole Foods, and a 40,000 square foot Safeway store currently under construction at NW 14th & Lovejoy) • Drugstore (Rite Aid at NW 10th & Hoyt) • Big Box Retailers (REI, Office Max , 24 Hour Fitness,and a LA Fitness currently under construction at NW 14th & Northrup) • Boutique retailers (clothing, shoes, and art galleries) • Food (over 35 restaurants, bars, and numerous coffee establishments call the Pearl District home

urban works real estate | 503.228.3080 the brewery blocks

the brewery blocks | The Brewery Blocks remain the heart and soul of the Pearl District, which has evolved from industrial warehouses, manufacturing and a dilapidated brewery into a five-block 1.7 million square foot mixed-use redevelopment that consists of urban retail, class A office, and residential housing. The Brewery Blocks retail tenant mix is amongst the best Portland offers in terms of national and local retailers and restaurants, with a co-tenancy including the likes of Whole Foods, The North Face, lucy, adidas, Puma, PF Chang’s, Anthropologie, Finn and the ten 01 restaurant. With the streetcar accessibility and 1,350 sub- grade parking spaces the Brewery Blocks is not only busy fulfilling the neighborhoods needs, but is a true regional draw. available space | Approximately 2,914 square feet is available at the corner of NW 13th & Burnside. Additionally, 949 square feet is available on NW 12th between Couch & Davis.

sustainability | The Brewery Blocks has not only been in the spotlight for its aesthetics and national tenants, but it is an example of an urban sustainable neighborhood development. The 5-block project is now controlled under two separate ownerships. One group controls blocks 1,3,4, and 5 and another controls block 2. Each of these blocks fall under the USGBC (U.S. Green Building Council) LEED (Leadership in Energy and Environmental Design) certification; Block 1- LEED Silver, Block 2- LEED Gold, Block 3- (Armory) LEED Platinum, Block 3- (the Henry) LEED Gold, Block 4- LEED Gold, and Block 5- LEED Gold. Due to the nature of a redevelopment, maintaining historical integrity, re-using existing structures, and by adding new structures, the buildings varied in terms of their certification. Block 1 houses a high efficiency cooling plant and chilled air system which is able to feed the additional blocks with cool water and air. Day lighting, high efficiency glazing, and window shading is used throughout the development to reduce cooling loads and minimize electrical needs pulled from lighting. This project used local and recycled materials where feasible with new construction, and recycled and salvaged 94% of its components during the demolition phases. These features along with eco-roofs, the use of certified wood products and many other features are examples of how this project has been a signature example of sustainability not only in Portland, but in the Country, and achieved the certification and recognition that it has. urban works real estate | 503.228.3080 the brewery blocks C & W Property +/- 2,914 SF Management +/- 949 SF Ice Breakers ten 01

urban works real estate | 503.228.3080 the brewery blocks block 1

Available!

NW 13th & Burnside NW 12th & Couch

+/- 2,914 SF Available

urban works real estate | 503.228.3080 the brewery blocks block 4

Available!

NW 11th & Couch NW 12th Ave.

Finn

+/- 949 SF Available

urban works real estate | 503.228.3080 the brewery blocks blocks 3 & 5

ten 01

Block 3 - adidas

Property Management

Block 6 - West Elm

urban works real estate | 503.228.3080 downtown/pearl district overview

NW 23rd Area Pearl District

Brewery Blocks

Downtown

urban works real estate | 503.228.3080 area map

McMenamin's Hotel The Casey Redevelopment Cafe Umbria

"12W" 22 story Re-Development Ice Breakers

Stumptown Coffee Living Room Theaters

Sushi Proposed Land Re-Development Office/Retail

Park Blocks

urban works real estate | 503.228.3080 PEARL DISTRICT HOUSING GROWTH 1994 to present

project name housing # of project name housing # of type units type units

Yards at Union Station Rentals 535 Lexis on the Park Condos 139 Chown Pella Lofts 68 The Pinnacle Condos 176 McKenzie Lofts Lofts 68 The 136 Irving Street Townhomes Townhouses 14 The Sitka Rentals 210 Pearl Lofts Condos 27 Elizabeth Lofts Lofts 182 Hoyt Commons Condos 48 The Edge Lofts 123 City Lofts Lofts 15 The Avenue Lofts 195 Flander Lofts Lofts 25 Station Place Rentals 176 Irving Street Lofts Lofts 86 The Louisa Apartments 242 Pearl Court Rentals 199 The Henry Condos 123 Pearl Townhouses Townhouses 10 10th @ Hoyt Rentals 178 Modern Confectioner Lofts Condos 6 Tanner Place Condos 120 Riverstone Condos 121 Park Northwest Condos 18 North Park Lofts Lofts 70 * Waterfront Pearl Condos 192 * Riverscape Townhomes Condos 195 McCormick Pier Condos 300 Kearney Plaza Rentals 139 Crane Building Rentals 32 Johnson Townhomes Townhouses 13 The Casey Condos 56 Gregory Lofts Lofts 130 The Lovejoy (Block 2) Rentals 210 Pearl II Townhomes Townhouses 10 * The Encore Condos 177 Lovejoy Station Rentals 181 The Wyatt Apartments 135 Streetcar Lofts Lofts 134 * 937 Condos Condos 114 Marshall Wells Lofts Lofts 164 Burlington Tower Rentals 155 Total 6,000 Bridgeport Condominiums Condos 123 Park Place Condominiums Condos 124 Honeyman Hardware Lofts Lofts 106

* Under Construction ** Planned

urban works real estate | 503.228.3080 area demographics

2007 Demographics 1 mile 3 miles 5 miles

population 29,507 133,213 348,304 daytime population 105,580 274,215 364,024 average hh income $42,942 $64,483 $66,056 median disposable $26,414 $41,622 $45,077 white collar professionals 73.3% 73.2% 70.0% single 55.7% 44.6% 37.7%

ten 01 Restaurant located on NW 10th lucy located on NW Couch American Apparel located on W Burnside

Jamison Square Park

urban works real estate | 503.228.3080 1230 sw 1st avenue, suite 201, portland, or 97204 t) 503.228.3080 f) 503.228.3079 w) urbanworksrealestate.com

The information contained herein is believed to be accurate but is not warranted as to its accuracy and may change or be updated without notice. Seller or landlord makes no representation as to the environmental condition of the property and recommends purchaser’s or tenant’s independent investigation.