The information herein has been obtained from sources we deem reliable. We do not, however, guarantee its accuracy. All information should be verified prior to purchase/leasing. View the Real Estate Agency Pamphlet by visiting our website, www.cra-nw.com/real-estate-agency-pamphlet/. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL

Commercial Realty Advisors NW LLC733 SW Second Avenue, Suite 200

Portland, Oregon 97204www.cra-nw.com

Licensed brokers in Oregon & Washington

ROB KIMMELMAN rob@cra-nw.com503.274.0211

CRA

F O R L E A S E I N P O R T L A N D , O R E G O N

ESSEX HOUSE

Demographics 1 Mile 3 Mile 5 Mile

Est. Population 28,067 171,743 412,615Population Forecast 2020 29,815 183,710 440,011Average HH Income $60,951 $83,564 $83,220Employees 106,357 239,806 321,229

Source: Regis - SitesUSA (2015)

• Located in the heart of the downtown central business district on the ground floor of Essex House, a 156-unit Class A apartment building.

• Surrounded by many performing art venues, including Keller Auditorium, and retail projects in the immediate area.

• Neighborhood comprised of several residential and office tenants that gener-ate substantial downtown activity

• Area retailers include Portland Kettle Co., Bridge City Cafe, Mizu Sushi, The House of Ramen, Morton’s Steakhouse, Potbelly Sandwich Shop, 24 Hour Fitness, Marriott, Starbucks, and more.

Comments

$23.00/SF/YR, NNN ($6.85/SF)Rental Rate

Available Space Approximately 1,160 SF (currently occupied by Doodle Pad - do not disturb tenant)

223 SW Columbia Street, Portland, OregonLocation

CENTRAL BUSINESS DISTRICT DEMOGRAPHICS

TRIMET MAX LIGHT RAIL DAILY ON/OFF COUNTS (‘11)Pioneer Station North 5,610Pioneer Station South 6,859Pioneer Courthouse / SW 6th Ave 4,998Pioneer Place / SW 5th Ave 5,460

PORTLAND STREETCAR DAILY RIDERSHIP COUNTS (‘13)Weekday Average 16,979Weekend Average 20,983Sources: Portland Business Alliance, Trimet.org, PortlandStreetcar.org

PORTLAND LUGGAGE

EVEREST COLLEGE

CAMERON’S BOOKS

PORTLAND OUTDOOR STORE

SHAFFER FINE ART GALLERY

BLUE PLATE

HUBER’S CAFE

ANIA COLLECTION

URBAN FAUNA

PUBLIC DOMAIN

MARX JEWELERS

FRESH POT

MICHAEL ALLEN

ANNIE’S DELI

BANGKOK PALACE

GIFFORD’S FLOWERS

MARKET STREET PUB

HOT POT CAFE

KATIE’S CAFE

DOODLE PAD

MOSAIC SALON

BRAZIL GRILL

WEST END THEATER

EAST INDIA CO. GRILL

RICHARD HERRERA NW FILM

CENTER

COPYMAN

ABOUT FACE & MORE

THE ENERGY BAR

BEAU MONDE COLLEGE OF HAIR DESIGN

MANDARIN COVE

AUGUST MOON

CHIT CHAT CAFE

RICE JUNKIES

ALEXANDRAS

BIKE HUB

CASE STUDYCOFFEE

SAY SAY BOUTIQUE

PAZZO

BEAN AND TREE

DEPARTURE

ST MARY’S ACADEMY

LINCOLN HIGH SCHOOL

1,476 STUDENTS

PORTLAND STATE UNIVERSITY

29,703 STUDENTS4,224 EE’S

THE PORTLAND

CLINIC

CRA

n0

MILES

0.2

PROPOSED HOTEL

PROPOSED REDEVELOPMENT

PROPOSEDREDEVELOPMENT/

MARKET

PROPOSEDHOTEL

2ND & TAYLOR REDEVELOPMENT

PARK AVENUE

WEST

Pioneer Courthouse

Square Pioneer Courthouse

Pioneer Place

I Pioneer Place

II

DirectorPark

City Hall

Portland Center for the

Performing Arts

Keller Auditorium

Keller Fountain

Central Library

Garage Redevelopment

790 Parking Spaces

DMV

County Courthouse

Post Office

Standard Insurance

1,475 EE’S

Wells Fargo Center

1,400 EE’SWells Fargo

Center

Fifth Avenue Building300 EE’S

Edith GreenWendel Wyatt

1,200 EE’S (Spring 2014)

World Trade Center3,367 EE’S

Umpqua Bank Plaza750 EE’S

Columbia Square325 EE’S

KOIN Center1,000 EE’S

First & Main1,000 EE’S

Justice Center1,044 EE’S

1000 Broadway~ 1,400 EE’S

Fox Tower~1,400 EE’S

200 Market Building 1,000 EE’S

150 EE’S

900 Parking Spaces

CH2MHill

Crown Plaza300 EE’S

150 EE’S

PIONEER PLACE IJ. CrewChico’sJuicy CoutureLouis VuittonCoachBebe

GapTalbotsKate SpadeBCBG MaxazriaTory Burch

PIONEER PLACE I IH & MForever XXIRegal CinemasPunch Bowl Social

PORTLAND, OREGON│CENTRAL BUSINESS & PSU DISTRICTS

SITE

SITE PLAN│ESSEX HOUSE

CRA

SW 3RD AVE

SW CO

LUMBIA ST

SW JEFFERSO

N ST

levine’s dry cleaningeuro cuts

AVAILABLE1,160 SF

doodle pad

mizu sushi

Lobby

n

parking garage

- do not disturb -

PORTLAND, OREGON

CRA

Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography page 1 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5134/-122.6774RF1

223 SW Columbia St1 Mile 3 Miles 5 Miles

Portland, OR

PO

PU

LATI

ON

2015 Estimated Population 28,067 171,743 412,6152020 Projected Population 29,815 183,710 440,0112010 Census Population 24,828 155,745 388,1772000 Census Population 19,030 138,528 363,075Projected Annual Growth 2015 to 2020 1.2% 1.4% 1.3%Historical Annual Growth 2000 to 2015 3.2% 1.6% 0.9%

HO

US

EH

OLD

S

2015 Estimated Households 16,614 89,856 192,5322020 Projected Households 17,584 94,912 203,3362010 Census Households 14,431 80,160 178,9212000 Census Households 11,617 70,623 163,466Projected Annual Growth 2015 to 2020 1.2% 1.1% 1.1%Historical Annual Growth 2000 to 2015 2.9% 1.8% 1.2%

AG

E

2015 Est. Population Under 10 Years 2.6% 7.5% 9.6%2015 Est. Population 10 to 19 Years 6.7% 6.3% 8.0%2015 Est. Population 20 to 29 Years 29.2% 20.7% 16.2%2015 Est. Population 30 to 44 Years 24.5% 29.0% 28.2%2015 Est. Population 45 to 59 Years 18.6% 18.1% 19.1%2015 Est. Population 60 to 74 Years 14.2% 13.9% 13.9%2015 Est. Population 75 Years or Over 4.2% 4.5% 4.9%2015 Est. Median Age 36.4 37.1 37.6

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2015 Est. Male Population 57.7% 50.7% 49.6%2015 Est. Female Population 42.3% 49.3% 50.4%

2015 Est. Never Married 55.9% 46.8% 41.4%2015 Est. Now Married 18.2% 32.0% 37.3%2015 Est. Separated or Divorced 22.5% 17.2% 16.7%2015 Est. Widowed 3.4% 4.0% 4.5%

INC

OM

E

2015 Est. HH Income $200,000 or More 5.4% 9.5% 8.0%2015 Est. HH Income $150,000 to $199,999 3.2% 5.4% 5.7%2015 Est. HH Income $100,000 to $149,999 7.6% 12.2% 14.0%2015 Est. HH Income $75,000 to $99,999 7.5% 10.9% 12.2%2015 Est. HH Income $50,000 to $74,999 10.3% 14.0% 16.1%2015 Est. HH Income $35,000 to $49,999 9.4% 12.1% 12.5%2015 Est. HH Income $25,000 to $34,999 9.5% 9.3% 9.0%2015 Est. HH Income $15,000 to $24,999 14.8% 10.3% 9.1%2015 Est. HH Income Under $15,000 32.3% 16.4% 13.4%2015 Est. Average Household Income $60,951 $83,564 $83,2202015 Est. Median Household Income $35,249 $60,711 $63,8722015 Est. Per Capita Income $37,898 $44,163 $39,119

2015 Est. Total Businesses 7,195 19,007 28,0992015 Est. Total Employees 106,357 239,806 321,229

Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography page 2 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5134/-122.6774RF1

223 SW Columbia St1 Mile 3 Miles 5 Miles

Portland, OR

RA

CE

2015 Est. White 78.4% 83.6% 81.0%2015 Est. Black 4.8% 4.4% 5.4%2015 Est. Asian or Pacific Islander 9.3% 5.6% 6.1%2015 Est. American Indian or Alaska Native 1.1% 0.7% 0.7%2015 Est. Other Races 6.5% 5.7% 6.7%

HIS

PA

NIC

2015 Est. Hispanic Population 1,640 9,146 25,6302015 Est. Hispanic Population 5.8% 5.3% 6.2%2020 Proj. Hispanic Population 6.3% 6.0% 6.9%2010 Hispanic Population 5.9% 5.2% 6.1%

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(Adu

lts 2

5 or

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er)

2015 Est. Adult Population (25 Years or Over) 21,095 134,565 313,4382015 Est. Elementary (Grade Level 0 to 8) 2.0% 1.5% 2.1%2015 Est. Some High School (Grade Level 9 to 11) 5.0% 2.6% 3.0%2015 Est. High School Graduate 11.9% 9.7% 12.5%2015 Est. Some College 21.1% 18.2% 20.0%2015 Est. Associate Degree Only 6.5% 5.7% 6.3%2015 Est. Bachelor Degree Only 29.4% 34.1% 32.2%2015 Est. Graduate Degree 24.0% 28.1% 23.9%

HO

US

ING 2015 Est. Total Housing Units 17,681 93,658 199,033

2015 Est. Owner-Occupied 17.5% 35.5% 49.1%2015 Est. Renter-Occupied 76.5% 60.4% 47.6%2015 Est. Vacant Housing 6.0% 4.1% 3.3%

HO

ME

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UIL

T B

Y Y

EA

R 2010 Homes Built 2005 or later 10.3% 7.2% 5.9%2010 Homes Built 2000 to 2004 9.0% 6.3% 5.7%2010 Homes Built 1990 to 1999 14.9% 11.2% 10.4%2010 Homes Built 1980 to 1989 12.1% 8.0% 7.5%2010 Homes Built 1970 to 1979 12.5% 13.2% 13.5%2010 Homes Built 1960 to 1969 8.0% 9.0% 9.0%2010 Homes Built 1950 to 1959 6.4% 8.3% 10.4%2010 Homes Built Before 1949 26.8% 36.9% 37.6%

HO

ME

VA

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2010 Home Value $1,000,000 or More 8.2% 3.4% 1.9%2010 Home Value $500,000 to $999,999 24.1% 23.7% 15.4%2010 Home Value $400,000 to $499,999 11.6% 15.4% 12.6%2010 Home Value $300,000 to $399,999 18.0% 22.7% 24.3%2010 Home Value $200,000 to $299,999 23.4% 20.4% 29.0%2010 Home Value $150,000 to $199,999 7.6% 6.9% 8.9%2010 Home Value $100,000 to $149,999 2.9% 3.5% 4.1%2010 Home Value $50,000 to $99,999 1.8% 1.5% 1.5%2010 Home Value $25,000 to $49,999 0.9% 1.0% 0.9%2010 Home Value Under $25,000 1.4% 1.4% 1.4%2010 Median Home Value $393,161 $393,212 $343,2772010 Median Rent $737 $773 $773

Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography page 3 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5134/-122.6774RF1

223 SW Columbia St1 Mile 3 Miles 5 Miles

Portland, OR

LAB

OR

FO

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E

2015 Est. Labor Population Age 16 Years or Over 27,055 153,058 354,2222015 Est. Civilian Employed 55.4% 66.9% 66.9%2015 Est. Civilian Unemployed 5.3% 3.7% 3.5%2015 Est. in Armed Forces - - - 2015 Est. not in Labor Force 39.3% 29.4% 29.6%2015 Labor Force Males 57.9% 50.8% 49.3%2015 Labor Force Females 42.1% 49.2% 50.7%

OC

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PA

TIO

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2010 Occupation: Population Age 16 Years or Over 11,643 85,505 206,5452010 Mgmt, Business, & Financial Operations 15.8% 18.9% 18.0%2010 Professional, Related 29.1% 33.5% 31.7%2010 Service 17.2% 15.9% 16.0%2010 Sales, Office 25.3% 21.2% 22.0%2010 Farming, Fishing, Forestry 0.4% 0.5% 0.4%2010 Construction, Extraction, Maintenance 3.4% 3.4% 4.1%2010 Production, Transport, Material Moving 8.8% 6.6% 7.7%2010 White Collar Workers 70.2% 73.6% 71.7%2010 Blue Collar Workers 29.8% 26.4% 28.3%

TRA

NS

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TIO

NTO

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2010 Drive to Work Alone 32.0% 49.3% 57.8%2010 Drive to Work in Carpool 3.4% 5.9% 7.2%2010 Travel to Work by Public Transportation 22.8% 15.7% 12.8%2010 Drive to Work on Motorcycle - 0.4% 0.4%2010 Walk or Bicycle to Work 33.6% 19.6% 13.7%2010 Other Means 0.5% 0.6% 0.5%2010 Work at Home 7.6% 8.6% 7.6%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 34.9% 27.2% 24.1%

2010 Travel to Work in 15 to 29 Minutes 39.2% 45.9% 46.7%2010 Travel to Work in 30 to 59 Minutes 21.0% 22.4% 24.8%2010 Travel to Work in 60 Minutes or More 4.9% 4.5% 4.4%2010 Average Travel Time to Work 18.4 19.9 20.9

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2015 Est. Total Household Expenditure $811 M $5.51 B $11.8 B2015 Est. Apparel $28.3 M $193 M $414 M2015 Est. Contributions, Gifts $55.1 M $401 M $846 M2015 Est. Education, Reading $33.9 M $234 M $490 M2015 Est. Entertainment $44.3 M $308 M $663 M2015 Est. Food, Beverages, Tobacco $125 M $831 M $1.79 B2015 Est. Furnishings, Equipment $26.9 M $191 M $410 M2015 Est. Health Care, Insurance $73.3 M $480 M $1.03 B2015 Est. Household Operations, Shelter, Utilities $255 M $1.71 B $3.67 B2015 Est. Miscellaneous Expenses $12.3 M $81.3 M $174 M2015 Est. Personal Care $10.6 M $71.5 M $154 M2015 Est. Transportation $145 M $1.01 B $2.19 B