River East Center
1515 SE Water Ave, Portland, OR 97214
9,290 ㎡
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in MachineWorks (the “Property”), a 2009-vintage, Class A mixed-use asset encompassing 115,138 rentable square feet, situated in the heart of Portland’s core micromarket, the Pearl District. With a 7.6 year weighted average lease term, the Property provides investors consistent, durable cash flow backed by a roster of prominent tenants – LA Fitness, The Oregon Clinic, GSA – Indian Health Service (S&P “AA+”), Benson Industries, and Powin Energy. Boasting three levels of secured parking, LEED Gold and Fitwell Certifications, and connectivity to key highways and transit – MachineWorks features the “must haves” that are driving the flight to quality trend nationwide.