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Meier & Frank Building 555 SW Morrison St

14,945 SF of 4-Star Retail Space Available in Portland, OR

Highlights

  • Located in the heart of Downtown Portland's cluster of creative office spaces
  • Across from the epicenter of Portland’s Public Transit System
  • Surrounded by numerous national retailers
  • Highest Daytime Pedestrian Traffic Intersection Downtown

all available Spaces(3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rate
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste C
  • 6,041 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • Now
  • Can be combined with additional space(s) for up to 14,945 SF of adjacent space
  • 1st Fl-Ste B
  • 6,925 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • Now
  • New space, never previously occupied
  • Can be combined with additional space(s) for up to 14,945 SF of adjacent space
  • 1st Fl-Ste A
  • 1,979 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Partial Build-Out
  • Now

Renovations under way for new retail space in one of downtown Portland's most noteable structures.

  • New space, never previously occupied
  • Central Air Conditioning
  • Can be combined with additional space(s) for up to 14,945 SF of adjacent space
Space Size Term Rate Space Use Condition Available
1st Fl-Ste C 6,041 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Retail - Now
1st Fl-Ste B 6,925 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Retail - Now
1st Fl-Ste A 1,979 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Retail Partial Build-Out Now

1st Fl-Ste C

Size
6,041 SF
Term
Negotiable
Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
Now

1st Fl-Ste B

Size
6,925 SF
Term
Negotiable
Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
Now

1st Fl-Ste A

Size
1,979 SF
Term
Negotiable
Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Partial Build-Out
Available
Now

1st Fl-Ste C

Size 6,041 SF
Term Negotiable
Rate Upon Request
Space Use Retail
Condition -
Available Now

  • Can be combined with additional space(s) for up to 14,945 SF of adjacent space

1st Fl-Ste B

Size 6,925 SF
Term Negotiable
Rate Upon Request
Space Use Retail
Condition -
Available Now

  • New space, never previously occupied
  • Can be combined with additional space(s) for up to 14,945 SF of adjacent space

1st Fl-Ste A

Size 1,979 SF
Term Negotiable
Rate Upon Request
Space Use Retail
Condition Partial Build-Out
Available Now

Renovations under way for new retail space in one of downtown Portland's most noteable structures.

  • New space, never previously occupied
  • Can be combined with additional space(s) for up to 14,945 SF of adjacent space
  • Central Air Conditioning

SELECT TENANTS

  • Apex Clearing
  • A PEAK6 company that provides wealth management services.
  • Finastra
  • Technology company that builds and deploys next-generation technology.
  • MUJI Chelsea
  • Household, apparel, and food product retailer founded in Japan.
  • Oregon State University
  • International public research university.
  • The Nines
  • Luxury hotel and event venue in downtown Portland.

PROPERTY FACTS

Building Type
Year Built
LoopNet Rating
Building Type
Year Built
LoopNet Rating
Building Height
Building Type
Year Built
LoopNet Rating
Building Height
Building Size
Building Class
Typical Floor Size
Office
1908
4 Star
Office
1908
4 Star
5 Stories
Office
1908
4 Star
5 Stories
208,520 SF
A
40,855 SF
Building Height
Building Size
Building Size
Building Class
Typical Floor Size
5 Stories
208,520 SF
208,520 SF
A
40,855 SF
Building Class
Typical Floor Size
A
40,855 SF
  • Listing ID: 7241843
  • Date Created: 6/5/2018
  • Last Updated:

Sustainability

LEED Certified
Silver
LEED certification is a globally recognized symbol of sustainability achievement.

Property Overview

The Meier & Frank Building, one of Downtown Portland’s most notable structures, is a 16-story condominium interest property with 208,520 rentable square feet. KBS, in conjunction with Sterling Bay, is redeveloping the former Macy’s department store on the first 5 floors of the building into a best-in-class, mixed-use, asset encompassing space that includes street level retail and creative office. Floors 6-16 of the property are home to The Nines Hotel, downtown Portland’s most luxurious hotel including Departure Restaurant & Lounge, and Urban Farmer Steakhouse. The Meier & Frank Building is a historic, glazed terra cotta structure that originally held the headquarters of the Meier & Frank department store chain. The property encompasses an entire city block across from the vibrant Pioneer Courthouse Square and the highly successful Pioneer Square Mall. This location lies in the heart of Downtown Portland’s cluster of creative office space, as well as being in the midst of numerous national retailers. Being across from the epicenter of Portland’s Public Transit System, where all MAX Light Rail lines intersect, this property experiences unparalleled pedestrian traffic.

  • Bus Line
  • Air Conditioning

Links

Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2020 Population
46,713
189,030
441,635
763,565
2025 Population
49,864
199,038
461,002
797,940
2020-2025 Projected Population Growth
6.8%
5.3%
4.4%
4.5%
Median Age
36.9
38.0
38.5
38.2
College Degree + Higher
54%
58%
53%
31%
Daytime Employees
107,547
291,634
388,868
574,356
Total Businesses
8,763
24,591
35,497
55,696
Average Household Income
$83,657
$109,360
$110,317
$103,454
Median Household Income
$52,681
$79,450
$84,023
$77,742
Total Consumer Spending
$622.4M
$2.7B
$5.8B
$9.3B
2020 Households
29,288
97,746
203,148
328,637
Average Home Value
$637,137
$681,705
$605,628
$547,416

Nearby Amenities

Restaurants

Urban Farmer Steak $$$$ 1 min walk
Departure Restaurant And Lounge Asian $$$ 1 min walk
Il Solito Italian $$ 3 min walk
Bonsai Restaurant Japanese $$ 2 min walk
Sushi Sukara Sushi $ 2 min walk
Petra Cuisine Mediterranean $ 3 min walk
Fresh Pot Coffee $ 3 min walk
Mama Mia Trattoria European $$ 5 min walk
Porto Terra Tuscan Grill & Bar Grill $$ 4 min walk
HopCity Tavern + Market Bistro $$ 5 min walk

Retail

Hive Mind Medicine Health & Beauty Aids 1 min walk
GNC Nutrition Center 1 min walk
Washington Federal Bank 1 min walk
Golden Torch Jewelry Jewelry/Watches 2 min walk
Rite Aid Drug Store 1 min walk
Sunglass Hut Optical 2 min walk
The Spice & Tea Exchange Specialty Foods 2 min walk
Samsonite Leather/Luggage/Purses 3 min walk
Tory Burch Ladies' Apparel 3 min walk

Hotels

Kimpton Hotel Monaco Portland
221 rooms
2 min walk
Marriott
249 rooms
2 min walk
Hotel Vintage Portland
117 rooms
3 min walk
Westin
205 rooms
3 min walk
Hotel Lucia
127 rooms
4 min walk
Hilton
455 rooms
5 min walk
The Heathman Hotel
150 rooms
6 min walk
Hotel Rose
140 rooms
7 min walk
Embassy Suites by Hilton
276 rooms
7 min walk
Hotel Modera
174 rooms
11 min walk

Transportation

Commuter Rail

Beaverton Transit Center (West Side Express) Commuter Rail (Westside Express Service)
Tri-County Metropolitan Transportation District of Oregon Rail
16 min drive 8.3 mi

Leasing Team

503-228-3080 Contact
Dan Bozich , President of Brokerage Services
503-228-3080 Contact
Dan helped found Urban Works in 2002. With over 20 years of Retail brokerage experience, Dan possesses a tremendous understanding of both the suburban and urban retail marketplaces. He specializes in both national and local tenant representation, with substantial experience working alongside national, regional and local developers in pre-leasing and redevelopment assignments. I was born and raised here in Portland, OR. With the exception of 4 years in Eugene attending the University of Oregon, I have lived in Portland for my entire life. It has been an incredible experience to witness Portland’s growth, and being in Commercial Real Estate over the past 20 years has truly helped me appreciate it firsthand. I like the fact that I was on the ground floor when Urban Works came to fruition.  I think that our continued success is a testament to the team that we have assembled. Each broker seems to treat his or her role as more than just a job. It is so refreshing working with individuals that enjoy celebrating everyone’s success.

About the Owner

Read More

About the Architect

Read More

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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