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New Leases Bring 272,000-SF Brewery Block 4 to 78% Leased

PORTLAND-In addition to several smaller leases in the new 10-story building, PPM Energy Leases 37,000 sf and the Art Institute adds 10,000 sf to its 72,000-sf lease, leaving only the fourth and fifth floors available.

By Brian K. Miller | Updated on June 10, 2003

PORTLAND-A flurry of lease activity at Gerding/Edlen Development’s Brewery Blocks redevelopment in Northwest Portland has the new 272,000-sf office building on Block #4 nearly 80% leased.

Gerding/Edlen’s Scott Eaton tells GlobeSt.com that the Art Institute has expanded its lease commitment from 72,000 sf to 82,000 sf, PPM Energy (a division of Pacificorp) has leased 37,000 sf, Compass Advisors has leased 7,000 sf and a law firm will soon sign for 6,800 sf. As well, Eaton says PF Chang’s restaurant chain has filled out the building’s 27,000 sf of retail space by signing on for 6,200 sf.

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