South Waterfront prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out is typically Mid or High-end spec.
South Waterfront prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out">fit-out is typically Mid or High-end spec.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
City-wide Portland (OR) fit-out bands: Basic $75–105/sqft, Mid $110–160/sqft, High-end $165–235/sqft, Trophy $235–340/sqft.
| city | Portland (OR) |
|---|---|
| submarket | South Waterfront |
| tier | prime |
| averageRentLocal | $38/sqft/yr |
| cityClassARentUsd | $32/sqft/yr |
| cityVacancyPct | 27.8% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.