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Development Lease Deals at Portland’s Mixed-Use Development: BPM & JLL Make Announcement

Development Lease Deals at Portland's Mixed-Use Development: BPM & JLL Make Announcement

BPM Real Estate Group has announced the signing of two office tenants at its new 35-story Block 216 mixed-use property in Portland’s West End neighborhood. Davis Wright Tremaine LLP, a leading national law firm, is the anchor tenant and will occupy just over 19,100 square feet on the 7th floor. San Francisco-based private equity firm Banneker Partners has leased 4,545 square feet of space on the fourth floor.

Davis Wright Tremaine was advised by JLL’s Portland office and Century Pacific in Seattle during negotiations for their lease agreement. JLL also serves as leasing agent for Block 216’s office building. Banneker Partners was represented by Kevin Joshi of Kidder Matthews during their transaction process.

The nearly complete Block 216 is now one of Portland’s tallest buildings with an anticipated opening date this August when it will welcome The Ritz Carlton – a five star hotel featuring 251 guest rooms and world class amenities – to its ground level food hall called The Flock which will offer various culinary options upon completion in Fall 2023 .

Photo by Ruum Media

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