Class a Medical Office 804 SW 12Th Portland, OR 97205
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Class A Medical Office 804 SW 12th Portland, OR 97205 8 Stories 128,000 SF westendmedicalcenter.com For More Information Contact: MARK CARNESE EXECUTIVE MANAGING DIRECTOR +1 503 279 1764 [email protected] TOM USHER EXECUTIVE MANAGING DIRECTOR +1 502 279 1777 [email protected] cushmanwakefield.com Developer: DOWNTOWN PORTLAND’S FIRST MEDICAL OFFICE DEVELOPMENT IN OVER 50 YEARS Sited in Downtown Portland, West End Medical Center rendina.com offers a cutting-edge medical office building, in addition to ground floor retail. w NW Davis St NW 9th Ave Pearl District 16 12 W BURNSIDE ST 18 11 17 Goose 7 1 Hollow 6 9 13 SW Oak St West End 8 5 SW Stark St PROJECT HIGHLIGHTS SW WASHINGTON ST 2 3 14 10 Landmark downtown development project anchored by Downtown The Portland Clinic 15 SW Taylor St Custom-designed, leading edge medical offices SW Yamhill St SW Morrison St SW 4TH AVE 8,000 SF of ground floor retail 4 SW BROADWAY NW 13th Ave Portland Located in Downtown Portland’s West End surrounded by SW 12th Ave State SW SALMON ST numerous new office, residential and hospitality developments University SW 10th Ave Dedicated on-site parking for medical office tenants SW 5th Ave Excellent access by public transit, adjacent to light rail stop Available for occupancy in January, 2024 w NW Davis St NW 9th Ave 405 Pearl District MAP KEY 1 Sentinel Hotel ZGF 2 Saint Cupcake Architecture 16 12 3 Multnomah Whiskey Library Headquarters W BURNSIDE ST 4 Southpark Seafood 18 Block 216 11 5 Tasty n Alder Future 6 Grassa 7 17 Ritz-Carlton Goose 1 7 Bamboo Sushi Hollow 6 9 13 SW Oak St8 Clyde Common 8 9 Kenny & Zuke’s Delicatessen West End 10 Jake’s Grill Hyatt Centric 11 Kure Superfood Café 12th & Morrison 5 New Development SW Stark St New Development SW WASHINGTON ST 12 Powell’s City of Books Turner Construction 2 13 Stumptown Coffee Portland Headquarters 3 Starbucks 14 14 10 15 City Target & CVS Pharmacy 16 Whole Foods Market Downtown Union Way Shopping 405 17 15 Arcade & Boxer Ramen 18 Patagonia SW Taylor St SW Morrison St SW Yamhill St MAX Light Rail Line PortlandSW 4TH AVE Streetcar Line Restaurant 4 Coffee SW BROADWAY Hotel NW 13th Ave Portland Retail SW 12thState Ave SW SALMON ST University Bar/Lounge SW 10th Ave SW 5th Ave WEST END LOCATION Portland’s West End features a dynamic blend of new and old architecture and has emerged as a center of commerce and creativity. Bordered by the Pearl District, the Downtown core, and Portland State University/Museum District, the West End is home to ZGF Architecture’s world headquarters, Turner Construction’s Portland headquarters, and Block 216, future site of the Ritz Carlton hotel. The West End Medical Center will also be 5 minute walk from home to The Portland Clinic’s downtown clinic location, Pioneer Courthouse a further investment in the community. Square.... Access is a key feature of this site. While the neighborhood has ample parking options, it is still well-served by the MAX light rail and the Portland Street Car, giving it a transit score of 92. Furthermore, the West End has some of the city’s best coffee, cocktails and shopping and boasts an array of Portland’s top eateries like Jake’s Grill and Clyde Common, all just a short walk away. 100 94 92 WALK SCORE BIKE SCORE TRANSIT SCORE Source: WalkScore.com Available retail space 8,000 SF Click for a Virtual Tour of the Test Fit level 2 18,500 SF level 3 18,000 SF level 6-8 16,000 SF For More Information Contact: MARK CARNESE EXECUTIVE MANAGING DIRECTOR AREA DEVELOPMENT +1 503 279 1764 • Portland, Oregon continues to be recognized as having one of [email protected] the fastest growing metropolitan areas in the country. • Over 20,100 multifamily units were built throughout the TOM USHER Central Core and close-in neighborhoods. Downtown Portland EXECUTIVE MANAGING DIRECTOR made up 46% of the multifamily development. +1 502 279 1777 [email protected] • Over the past decade, the West End has seen extraordinary population and job growth with significant commercial real estate projects being built. Source: Cushman & Wakefield Research, Costar.com cushmanwakefield.com Demographics .5 Miles 1 Mile 3 Miles Developer: 2019 Population & Household Population 15,636 45,437 169,304 Total Daytime Population 78,859 159,628 373,132 Households 10,245 28,928 89,801 rendina.com Average Household Income $63,269 $89,457 $106,335 Architect: zgf.com West End Neighborhood Development ABOUT THE DEVELOPER westendmedicalcenter.com Rendina is a recognized leader in healthcare real estate development and a trusted real estate partner for health systems, hospitals, and medical groups throughout the country. ©2019 Cushman & Wakefield. All rights reserved. • National developer, owner, and property manager of The information contained in this communication is strictly confidential. This information has been ob- more than 7.85 million square feet tained from sources believed to be reliable but has • More than 30 years of experience in healthcare real estate not been verified. NO WARRANTY OR REPRESEN- TATION, EXPRESS OR IMPLIED, IS MADE AS TO THE • $2 billion in real estate transactions with zero loan defaults CONDITION OF THE PROPERTY (OR PROPERTIES) • More than $275 million distributed to hospital and REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CON- physician partners through shared ownership TAINED HEREIN, AND SAME IS SUBMITTED SUBJECT • Consistently ranked by Modern Healthcare as one of the top TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENT- AL OR OTHER CONDITIONS, WITHDRAWAL WITH- healthcare real estate development firms in the country OUT NOTICE, AND TO ANY SPECIAL LISTING CON- DITIONS IMPOSED BY THE PROPERTY OWNER(S). • Recognized by Modern Healthcare’s Best Places to Work ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE in Healthcare survey in 2019 SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. .