South Waterfront's tenant base is anchored by healthcare (ohsu), life sciences, biotech, university research.

  • Tier: prime.
  • Tenant character: OHSU-anchored life-sciences submarket.
  • Average rent: $38/sqft/yr.

South Waterfront, Portland (OR) tenant profile

South Waterfront's tenant base is anchored by healthcare (ohsu), life sciences, biotech, university research.

TL;DR

  • Tier: prime.
  • Tenant character: OHSU-anchored life-sciences submarket.
  • Average rent: $38/sqft/yr.

Who clusters here

Healthcare (OHSU), life sciences, biotech, university research.

What that means for newcomers

Newcomers to South Waterfront should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityPortland (OR)
submarketSouth Waterfront
tierprime
averageRentLocal$38/sqft/yr
cityClassARentUsd$32/sqft/yr
cityVacancyPct27.8%

Frequently asked questions

What kind of tenants lease in South Waterfront?
Healthcare (OHSU), life sciences, biotech, university research.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics