Watermark I — Sale in Portland, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Portland, OR 97239

Description

Now Available for Lease, Office, Watermark I located at 4380 SW Macadam Ave. Available square footage 1,271 SF.

Market Context

This office in Portland, OR is listed for sale. It has been on the market for 140 days. Compare it against other office listings for sale in Portland, OR — view the full market.

As of Q1 2026, the Portland office market showed a 27.1% vacancy rate, average asking rents near $32.00/SF/yr, and rents up 4.8% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Portland office market tightening or softening?
Vacancy is around 27.1%, with asking rents rising year over year (Q1 2026).

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