Portland Economic And Urban Development Agency Bidlocker #6214

Lease Opportunity: Creative Flex Space in Mason-Ehrman Annex Building (Prosper Portland)

This opportunity is for businesses interested in leasing creative flex space from Prosper Portland in the Mason-Ehrman Annex Building. - Government Buyer: - Prosper Portland (City of Portland's economic and urban renewal agency) - Location: - Mason-Ehrman Annex Building, 208 NW 5th Avenue, Old Town/Chinatown Cultural Historic District, Portland, Oregon - Space Available: - Approximately 9,900 rentable square feet on the ground floor - Approximately 9,900 square feet of finished basement space - Both spaces suitable for creative office, retail, or flex use - Building Features: - Secured bike storage, employee lockers, showers - Accessible via public transit - Notable Requirements: - Minimum two years of business operation - Legal incorporation in Oregon - Demonstrated financial capacity - Ability to obtain commercial general liability insurance - Submission of cover letter, business information, references, and signed forms - Lease Terms: - Negotiable initial terms of five, seven, or ten years - Five-year renewal option - Annual rent increase of 3%, tenant pays base rent plus NNN charges - Abated rent and improvement allowance terms negotiable - No OEMs or product vendors are involved, as this is a real estate lease opportunity, not a procurement of goods or services.

Description

Prosper Portland is soliciting interest from qualified retail, office, or flex tenants to lease space in the Mason-Ehrman Annex Building located at 208 NW 5th Avenue in Portland's Old Town/Chinatown Cultural Historic District. The building offers approximately 9,900 rentable square feet on the ground floor and an additional 9,900 square feet of finished basement space, with amenities including secured bike storage, employee lockers, showers, and access to public transit. This solicitation is not a public procurement subject to local contract rules. Proposals are due by July 20, 2026, and the landlord reserves the right to select tenants based on the submissions and interviews.

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