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Watermark I 4380 S Macadam Ave 1,322 - 33,948 SF of Office Space Available in Portland, OR 97239

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HIGHLIGHTS

  • Major capital upgrades to interior, exterior and common areas
  • On-site cafe and abundant neighborhood amenities
  • 3.2-acre campus directly on the river

ALL AVAILABLE SPACES(9)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor, Ste 200
  • 9,276 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • 2nd Floor, Ste 260
  • 2,246 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now

Efficient smaller space on NW corner of Watermark’s south wing. Nice entry, 5 perimeter offices, workroom, and break room are existing. Can be expanded to include Suite 270 for approximately 4,612 RSF.

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • Can be combined with Suite 270
  • 5 Private Offices
  • Natural Light
  • 5 perimeter offices
  • 3rd Floor, Ste 300
  • 2,794 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now

NW corner suite on the north wing. Large exterior private patio, views of river and downtown. Space preparation to include new ceiling tiles, lighting and window coverings upgrade as well as selective demolition. Can be combined with Suite 320 for 5,810 RSF and multiple private outdoor decks.

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • Balcony
  • Accent Lighting
  • Large private outdoor patio
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space
  • Corner Space
  • Can be combined with Suite 320
  • 3rd Floor, Ste 310
  • 2,180 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Standard Office
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space
  • Space is in Excellent Condition
  • 3rd Floor, Ste 320
  • 3,016 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now

Elevator lobby exposure on the north wing with private outdoor patio. One perimeter office, one interior office, and a break room currently exist in the space. Can be combined with Suite 300 for 5,810 RSF and multiple private outdoor decks.

  • Partially Built-Out as Standard Office
  • 1 Private Office
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space
  • Can be combined with Suite 300
  • One break room
  • Mostly Open Floor Plan Layout
  • 1 Conference Room
  • Balcony
  • Private outdoor patio
  • 3rd Floor, Ste 330
  • 1,322 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • 90 Days
  • Partially Built-Out as Standard Office
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space
  • Space is in Excellent Condition
  • 3rd Floor, Ste 360
  • 2,623 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • 90 Days

Interior space on the 3rd floor of the north wing. Two existing window perimeter offices. Potential value space opportunity with new building upgrades to the suite.

  • Partially Built-Out as Standard Office
  • 2 Private Offices
  • Corner Space
  • Potential value space opportunity
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Two window offices
  • 3rd Floor, Ste 380
  • 5,193 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • 4th Floor, Ste 410
  • 5,298 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 200 9,276 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
2nd Floor, Ste 260 2,246 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
3rd Floor, Ste 300 2,794 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
3rd Floor, Ste 310 2,180 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
3rd Floor, Ste 320 3,016 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
3rd Floor, Ste 330 1,322 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out 90 Days
3rd Floor, Ste 360 2,623 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out 90 Days
3rd Floor, Ste 380 5,193 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
4th Floor, Ste 410 5,298 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now

2nd Floor, Ste 200

Size
9,276 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor, Ste 260

Size
2,246 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor, Ste 300

Size
2,794 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor, Ste 310

Size
2,180 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor, Ste 320

Size
3,016 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor, Ste 330

Size
1,322 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
90 Days

3rd Floor, Ste 360

Size
2,623 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
90 Days

3rd Floor, Ste 380

Size
5,193 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Floor, Ste 410

Size
5,298 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor, Ste 200

Size 9,276 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition

2nd Floor, Ste 260

Size 2,246 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

Efficient smaller space on NW corner of Watermark’s south wing. Nice entry, 5 perimeter offices, workroom, and break room are existing. Can be expanded to include Suite 270 for approximately 4,612 RSF.

  • Partially Built-Out as Standard Office
  • 5 Private Offices
  • Space is in Excellent Condition
  • Natural Light
  • Can be combined with Suite 270
  • 5 perimeter offices

3rd Floor, Ste 300

Size 2,794 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

NW corner suite on the north wing. Large exterior private patio, views of river and downtown. Space preparation to include new ceiling tiles, lighting and window coverings upgrade as well as selective demolition. Can be combined with Suite 320 for 5,810 RSF and multiple private outdoor decks.

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space
  • Balcony
  • Corner Space
  • Accent Lighting
  • Can be combined with Suite 320
  • Large private outdoor patio

3rd Floor, Ste 310

Size 2,180 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space

3rd Floor, Ste 320

Size 3,016 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

Elevator lobby exposure on the north wing with private outdoor patio. One perimeter office, one interior office, and a break room currently exist in the space. Can be combined with Suite 300 for 5,810 RSF and multiple private outdoor decks.

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 1 Private Office
  • 1 Conference Room
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space
  • Balcony
  • Can be combined with Suite 300
  • Private outdoor patio
  • One break room

3rd Floor, Ste 330

Size 1,322 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available 90 Days

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 9,312 SF of adjacent space

3rd Floor, Ste 360

Size 2,623 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available 90 Days

Interior space on the 3rd floor of the north wing. Two existing window perimeter offices. Potential value space opportunity with new building upgrades to the suite.

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • Space is in Excellent Condition
  • Corner Space
  • Two window offices
  • Potential value space opportunity

3rd Floor, Ste 380

Size 5,193 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition

4th Floor, Ste 410

Size 5,298 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition

PROPERTY OVERVIEW

Watermark has completed the interior renovations and added amenities. The re-branded and completely renovated property includes a new lobby, ground floor tenant lounge, floor-by-floor break-out informal lounge areas, a reconfigured and updated conference center, and a fitness facility. The well-appointed interiors will be complemented by the comprehensive exterior renovation underway with completion in 2022 offering privacy, structured seating, and updated landscaping. The riverfront campus provides a standard 2.6/1,000 parking allocation in the structured parking garage spanning Watermark I and Watermark II. Rare river-facing suites exist with private outdoor patios exist as well as large block opportunities available for discussion. An updated on-site café exists for tenants and neighborhood use.

  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Restaurant
  • Signage
  • Waterfront

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1985/2004
Building Height
5 Stories
Building Size
162,070 SF
Building Class
A
Typical Floor Size
32,414 SF
Unfinished Ceiling Height
11’
Parking
291 Surface Parking Spaces
Surface Tandem Parking
100 Covered Parking Spaces at $84 CAD/month
Covered Tandem Parking
Reserved Parking
Walk Score®
Very Walkable (75)
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.®
  • Listing ID: 4050784

  • Date on Market: 2025-01-24

  • Last Updated:

  • Address: 4380 S Macadam Ave, Portland, OR 97239

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