Energy and commodities occupiers in Portland (OR) typically cluster in Pearl District, plan ~240 sqft per seat at trophy fit-out ($235–340/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.
Energy and commodities occupiers in Portland (OR) typically cluster in Pearl District, plan ~240 sqft per seat at trophy fit-out">fit-out ($235–340/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.
Energy and commodities occupiers in Portland (OR) typically anchor in Pearl District. Tech, advertising, design, outdoor industry HQs, hospitality groups.
Class A rent in Portland (OR) runs 32 USD/sqft ($32 USD) on a 7-year lease with 16 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical energy and commodities fit-out targets trophy specification at $235–340/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Portland (OR) typically targets 24,000 sqft of leasable area.
Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. Strong tech, apparel, outdoor industry, and creative-class talent. Portland State, Oregon Health & Science, and Reed College anchor the local pipeline. Tech talent has softened since 2022 but remains deep.
Headline corporate tax: 26.6%. Modified-gross structures. 7-10 year terms standard. Free rent of 14-18 months and TI of $90-$130/sqft typical on a 10-year Class A deal. Concession-rich market.
| city | Portland (OR) |
|---|---|
| industry | Energy and commodities |
| naics | 211, 212, 523130 |
| preferredSubmarket | Pearl District |
| preferredFitoutSpec | Trophy |
| fitoutBand | $235–340/sqft |
| sqftPerSeat | 240 |
| classARentLocal | 32 USD/sqft/yr |
| classARentUsd | $32/sqft/yr |
| vacancyPct | 27.8% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 16 |
| talentIndex | 78 |
| corporateTaxPct | 26.6% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.