major ground floor renovation: 200 market building · 2017. 6. 2. · population forecast 2022...

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Commercial Realty Advisors NW, LLC 733 SW Second Avenue, Suite 200 Portland, Oregon 97204 www.cra-nw.com Licensed brokers in Oregon & Washington MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING BREWPUB/RESTAURANT AND COFFEE JEWEL BOX OPPORTUNITIES! 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 200 SW Market (ground floor of 200 Market/Blackbox building) Location ASKING RENT Call for details Traffic Count SW Market St » 23,298 ADT (2015) Comments Major ground level/retail renovations planned for the iconic 200 Market/”Blackbox” building 200 Market features 400,000 SF of office space on 18 floors above ground floor retail and restaurant space Located in the heart of the CBD adjacent to Keller Auditorium and near PSU campus Onsite parking/valet opportunities for restaurant tenants Exclusive, large, patio/outdoor seating opportunity for brewpub/restaurant tenant, and outdoor seating for coffee users Private event space/catering opportunity for restaurant operators Estimated delivery spring 2018 C RA available space 2,554 – 4,177 SF Brewpub opportunity with 2,276 SF exclusive outdoor patio, and 1,079 SF coffee/café opportunity 1 Mile 3 Mile 5 Mile Est. Population 27,957 178,128 431,527 Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877 362,961 Source: Regis - SitesUSA (2017) Demographics NEW! ashley heichelbech » [email protected] kathleen healy » kathleen@cra-nw.com 503.274.0211

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Page 1: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

PLAZA TENANT PACKAGE:

GBD Architects Incorporated 1120 NW Couch St., Suite 300 Portland, OR 97209 Tel. (503) 224-9656 www.gbdarchitects.com

200 MARKET PLAZA LEVEL RENOVATIONS J. RUSSELL MAY 10, 2017

Page 03

3D VIEW - AERIAL

Commercial Realty Advisors NW, LLC733 SW Second Avenue, Suite 200

Portland, Oregon 97204www.cra-nw.com

Licensed brokers in Oregon & Washington

M A J O R G R O U N D F L O O R R E N O VAT I O N :

200 MARKET BUILDINGBREWPUB/RESTAURANT AND COFFEE JEWEL BOX OPPORTUNITIES!

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

200 SW Market (ground floor of 200 Market/Blackbox building)LocationASKING RENT Call for details

Traffic Count SW Market St » 23,298 ADT (2015)

Comments • Major ground level/retail renovations planned for the iconic 200 Market/”Blackbox” building • 200 Market features 400,000 SF of office space on 18 floors above ground floor retail and

restaurant space• Located in the heart of the CBD adjacent to Keller Auditorium and near PSU campus• Onsite parking/valet opportunities for restaurant tenants• Exclusive, large, patio/outdoor seating opportunity for brewpub/restaurant tenant,

and outdoor seating for coffee users• Private event space/catering opportunity for restaurant operators• Estimated delivery spring 2018

CRA

available space 2,554 – 4,177 SF Brewpub opportunity with 2,276 SF exclusive outdoor patio,and 1,079 SF coffee/café opportunity

1 Mile 3 Mile 5 Mile

Est. Population 27,957 178,128 431,527Population Forecast 2022 29,992 192,631 465,464Average HH Income $71,361 $91,097 $92,205Employees 103,437 267,877 362,961

Source: Regis - SitesUSA (2017)

Demographics

NEW!

ashley heichelbech » [email protected]

kathleen healy » [email protected] .0211

Page 2: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

CRA

UNION STATION

PIONEER COURTHOUSE

SQUARE

PIONEER PLACE

II

PIONEER PLACE

I

PORTLAND OUTDOOR STORE

COLLABORATIVE LIFE SCIENCES

PORTLAND STATE UNIVERSITY

29,703 STUDENTS4,224 EMPLOYEES

LEGACY GOODSAMARITAN HOSPITAL

MONTGOMERYPARK

CHAPMANELEMENTARY

LINCOLNHIGH SCHOOL

1,476 STUDENTS

OHSU

WashingtonPark

JapaneseGardens

CRA

KELLER AUDITORIUM

PORTLAND, OREGON | PEARL & CENTRAL BUSINESS DISTRICTS

n

SITE

Page 3: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

» 23

,298

ADT

(201

5)

CRAn

200 MARKET | new ground floor plan

704 sf

919 sf

2,275 sf

{

AVAILABLE2,275 - 3,898 SF

(ground floor demising scenarios)

PARKING IN/OUT(GARAGE/VALET PARKING)

AVAILABLE1,079 SF

(coffee/café)

SW M

ARKE

T ST

PSU CAMPUS

200 MARKET BUILDING ESCALATORS MAIN BUILDINGENTRANCE

OUTDOOR SEATING

Page 4: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

CRAn

200 MARKET | second floor/patio plan

AVAILABLE279 SF

(2nd level)

OPEN TO BELOW

2,276 SFexclusive

outdoor patio

200

MAR

KET

OFF

ICE

BUIL

DIN

G

» 23

,298

ADT

(201

5)SW

MAR

KET S

T

ESCALATORENTRANCE/EXIT

pedestrian walkway

MAIN BUILDINGENTRANCE/EXIT

turn

arou

nd

EXTE

RIO

R G

RO

UND

LE

VEL

SEAT

ING

pede

stri

an w

alkw

ay

Page 5: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

CRA200 MARKET | AERIAL VIEW

COFFEE OPPORTUNITY

brewpub/restaurantOPPORTUNITYwith 2,776 sf exclusive outdoor patio

CRA

» 23,298 ADT (2015)

SW MARKET ST

Page 6: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

CRA

PLAZA TENANT PACKAGE:

GBD Architects Incorporated 1120 NW Couch St., Suite 300 Portland, OR 97209 Tel. (503) 224-9656 www.gbdarchitects.com

200 MARKET PLAZA LEVEL RENOVATIONS J. RUSSELL MAY 10, 2017

Page 04

3D VIEW - PLAZA LOOKING AT EAST POD

COFFEE OPPORTUNITY

200 MARKET | PLAZA LOOKING AT EAST POD

lobby

CRA

Page 7: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

CRA

PLAZA TENANT PACKAGE:

GBD Architects Incorporated 1120 NW Couch St., Suite 300 Portland, OR 97209 Tel. (503) 224-9656 www.gbdarchitects.com

200 MARKET PLAZA LEVEL RENOVATIONS J. RUSSELL MAY 10, 2017

Page 05

3D VIEW - PLAZA LOOKING AT WEST POD

BREWPUB/restaurant OPPORTUNITY

200 MARKET | PLAZA LOOKING AT WEST POD

CRA

Page 8: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

CRA

PLAZA TENANT PACKAGE:

GBD Architects Incorporated 1120 NW Couch St., Suite 300 Portland, OR 97209 Tel. (503) 224-9656 www.gbdarchitects.com

200 MARKET PLAZA LEVEL RENOVATIONS J. RUSSELL MAY 10, 2017

Page 06

3D VIEW - SIDEWALK LOOKING EAST ALONG MARKET ST

200 MARKET | SIDEWALK LOOKING EAST ALONG MARKET ST

CRA

Page 9: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

CRA

PLAZA TENANT PACKAGE:

GBD Architects Incorporated 1120 NW Couch St., Suite 300 Portland, OR 97209 Tel. (503) 224-9656 www.gbdarchitects.com

200 MARKET PLAZA LEVEL RENOVATIONS J. RUSSELL MAY 10, 2017

Page 07

3D VIEW - LOBBY PATIO FROM UPPER TERRACE

200 MARKET | PATIO FROM UPPER TERRACE

CRA

Page 10: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

PORTLAND, OREGON

CRA

Page 11: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5116/-122.6786RF1

200 SW Market St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97201

PO

PU

LATI

ON

2017 Estimated Population 27,957 178,128 431,5272022 Projected Population 29,992 192,631 465,4642010 Census Population 23,789 152,214 388,5432000 Census Population 18,608 135,012 363,290Projected Annual Growth 2017 to 2022 1.5% 1.6% 1.6%Historical Annual Growth 2000 to 2017 3.0% 1.9% 1.1%

HO

US

EH

OLD

S 2017 Estimated Households 16,142 92,919 199,5372022 Projected Households 17,326 99,306 213,0972010 Census Households 13,675 78,747 179,2792000 Census Households 11,288 69,341 163,764Projected Annual Growth 2017 to 2022 1.5% 1.4% 1.4%Historical Annual Growth 2000 to 2017 2.5% 2.0% 1.3%

AG

E

2017 Est. Population Under 10 Years 3.8% 8.4% 9.9%2017 Est. Population 10 to 19 Years 6.9% 6.9% 8.2%2017 Est. Population 20 to 29 Years 26.3% 19.1% 15.4%2017 Est. Population 30 to 44 Years 25.4% 28.7% 28.1%2017 Est. Population 45 to 59 Years 18.1% 18.2% 19.2%2017 Est. Population 60 to 74 Years 14.6% 14.1% 14.3%2017 Est. Population 75 Years or Over 4.8% 4.5% 4.9%2017 Est. Median Age 36.9 37.1 37.8

MA

RIT

AL

STA

TUS

&

GE

ND

ER

2017 Est. Male Population 56.3% 50.7% 49.6%2017 Est. Female Population 43.7% 49.3% 50.4%

2017 Est. Never Married 61.4% 48.7% 42.4%2017 Est. Now Married 17.6% 32.1% 38.2%2017 Est. Separated or Divorced 17.2% 15.8% 15.6%2017 Est. Widowed 3.9% 3.3% 3.7%

INC

OM

E

2017 Est. HH Income $200,000 or More 7.9% 12.2% 11.0%2017 Est. HH Income $150,000 to $199,999 4.2% 6.7% 7.2%2017 Est. HH Income $100,000 to $149,999 10.7% 14.0% 15.9%2017 Est. HH Income $75,000 to $99,999 8.5% 11.8% 12.9%2017 Est. HH Income $50,000 to $74,999 12.6% 14.0% 15.8%2017 Est. HH Income $35,000 to $49,999 9.6% 10.9% 10.9%2017 Est. HH Income $25,000 to $34,999 10.1% 8.6% 8.0%2017 Est. HH Income $15,000 to $24,999 10.9% 8.3% 7.5%2017 Est. HH Income Under $15,000 25.5% 13.6% 10.9%2017 Est. Average Household Income $71,361 $91,097 $92,2052017 Est. Median Household Income $46,504 $72,554 $76,0312017 Est. Per Capita Income $43,026 $47,973 $42,929

2017 Est. Total Businesses 8,053 22,631 33,5752017 Est. Total Employees 103,437 267,877 362,961

Page 12: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 2 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5116/-122.6786RF1

200 SW Market St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97201

RA

CE

2017 Est. White 77.8% 82.4% 80.5%2017 Est. Black 5.7% 4.7% 5.5%2017 Est. Asian or Pacific Islander 8.7% 5.6% 6.2%2017 Est. American Indian or Alaska Native 1.1% 0.8% 0.7%2017 Est. Other Races 6.7% 6.5% 7.1%

HIS

PA

NIC 2017 Est. Hispanic Population 1,832 11,926 29,872

2017 Est. Hispanic Population 6.6% 6.7% 6.9%2022 Proj. Hispanic Population 7.1% 7.5% 7.7%2010 Hispanic Population 5.7% 5.2% 6.0%

ED

UC

ATI

ON

(Adu

lts 2

5 or

Old

er)

2017 Est. Adult Population (25 Years or Over) 21,228 137,925 326,8992017 Est. Elementary (Grade Level 0 to 8) 1.5% 1.2% 1.6%2017 Est. Some High School (Grade Level 9 to 11) 4.2% 2.3% 2.7%2017 Est. High School Graduate 10.1% 9.1% 11.2%2017 Est. Some College 20.5% 17.9% 19.5%2017 Est. Associate Degree Only 5.9% 6.2% 6.6%2017 Est. Bachelor Degree Only 32.5% 35.7% 34.1%2017 Est. Graduate Degree 25.2% 27.6% 24.4%

HO

US

ING 2017 Est. Total Housing Units 17,133 96,721 206,263

2017 Est. Owner-Occupied 17.6% 33.2% 47.9%2017 Est. Renter-Occupied 76.6% 62.9% 48.8%2017 Est. Vacant Housing 5.8% 3.9% 3.3%

HO

ME

S B

UIL

T B

Y Y

EA

R 2010 Homes Built 2005 or later 0.9% 0.8% 0.6%2010 Homes Built 2000 to 2004 22.0% 13.3% 10.2%2010 Homes Built 1990 to 1999 13.7% 10.0% 8.9%2010 Homes Built 1980 to 1989 11.5% 7.2% 6.7%2010 Homes Built 1970 to 1979 11.2% 11.8% 11.9%2010 Homes Built 1960 to 1969 9.0% 11.3% 10.3%2010 Homes Built 1950 to 1959 7.9% 9.9% 12.0%2010 Homes Built Before 1949 38.1% 49.3% 47.9%

HO

ME

VA

LUE

S

2010 Home Value $1,000,000 or More 6.6% 3.7% 2.0%2010 Home Value $500,000 to $999,999 34.7% 39.0% 26.9%2010 Home Value $400,000 to $499,999 14.5% 19.8% 18.9%2010 Home Value $300,000 to $399,999 26.2% 22.4% 25.5%2010 Home Value $200,000 to $299,999 14.9% 14.3% 23.3%2010 Home Value $150,000 to $199,999 3.8% 3.1% 4.2%2010 Home Value $100,000 to $149,999 1.8% 1.3% 1.8%2010 Home Value $50,000 to $99,999 0.2% 0.4% 0.6%2010 Home Value $25,000 to $49,999 0.3% 0.3% 0.4%2010 Home Value Under $25,000 1.0% 0.9% 1.1%2010 Median Home Value $486,363 $484,234 $410,2032010 Median Rent $987 $1,003 $990

Page 13: MAJOR GROUND FLOOR RENOVATION: 200 MARKET BUILDING · 2017. 6. 2. · Population Forecast 2022 29,992 192,631 465,464 Average HH Income $71,361 $91,097 $92,205 Employees 103,437 267,877

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 3 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5116/-122.6786RF1

200 SW Market St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97201

LAB

OR

FO

RC

E

2017 Est. Labor Population Age 16 Years or Over 26,433 156,332 368,3612017 Est. Civilian Employed 56.8% 68.4% 68.7%2017 Est. Civilian Unemployed 4.8% 2.9% 2.8%2017 Est. in Armed Forces - - - 2017 Est. not in Labor Force 38.4% 28.7% 28.4%2017 Labor Force Males 56.7% 50.8% 49.3%2017 Labor Force Females 43.3% 49.2% 50.7%

OC

CU

PA

TIO

N

2010 Occupation: Population Age 16 Years or Over 15,231 107,012 253,2262010 Mgmt, Business, & Financial Operations 21.9% 21.7% 20.6%2010 Professional, Related 31.7% 35.4% 33.8%2010 Service 16.3% 15.6% 15.7%2010 Sales, Office 22.0% 18.7% 19.5%2010 Farming, Fishing, Forestry 0.9% 0.5% 0.4%2010 Construction, Extraction, Maintenance 1.4% 2.3% 3.2%2010 Production, Transport, Material Moving 5.6% 5.8% 6.8%2010 White Collar Workers 75.6% 75.9% 73.9%2010 Blue Collar Workers 24.4% 24.1% 26.1%

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2010 Drive to Work Alone 45.0% 51.3% 56.3%2010 Drive to Work in Carpool 5.3% 6.4% 7.3%2010 Travel to Work by Public Transportation 16.6% 14.9% 13.4%2010 Drive to Work on Motorcycle 0.3% 0.4% 0.5%2010 Walk or Bicycle to Work 24.2% 17.7% 13.9%2010 Other Means 1.0% 0.7% 0.6%2010 Work at Home 7.5% 8.6% 8.0%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 32.4% 26.6% 23.0%

2010 Travel to Work in 15 to 29 Minutes 34.8% 44.7% 45.4%2010 Travel to Work in 30 to 59 Minutes 22.4% 27.7% 30.6%2010 Travel to Work in 60 Minutes or More 6.7% 5.9% 6.4%2010 Average Travel Time to Work 19.7 21.3 22.5

CO

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EX

PE

ND

ITU

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2017 Est. Total Household Expenditure $881 M $6.07 B $13.2 B2017 Est. Apparel $30.9 M $213 M $463 M2017 Est. Contributions, Gifts $62.4 M $458 M $984 M2017 Est. Education, Reading $37.9 M $268 M $570 M2017 Est. Entertainment $48.6 M $341 M $743 M2017 Est. Food, Beverages, Tobacco $134 M $903 M $1.97 B2017 Est. Furnishings, Equipment $29.8 M $213 M $464 M2017 Est. Health Care, Insurance $78.1 M $520 M $1.13 B2017 Est. Household Operations, Shelter, Utilities $277 M $1.89 B $4.09 B2017 Est. Miscellaneous Expenses $13.3 M $88.6 M $192 M2017 Est. Personal Care $11.5 M $78.6 M $171 M2017 Est. Transportation $158 M $1.10 B $2.42 B