August 28, 2019
LPC Realty Advisors I, LP, an affiliate of Lincoln Property Company, completed a major renovation of PACWEST, an iconic 550,000-square-foot, 30-story Class A office tower in Downtown Portland. LPC acquired the property at 1211 SW 5th Ave., formerly known as Pacwest Center, in 2016 on behalf of a pension fund client.
LPC invested substantial capital via high quality design features in addition to brand new indoor and outdoor amenities focused on health, well-being, and social engagement. The renovations and amenities include a reimagined two-story lobby that embraces the building’s omnipresent curvilinear design.
New conference and meeting facilities were added as well as a full-service tenant lounge which opens to a large outdoor terrace. There is also a new state-of-the-art fitness facility and an indoor bicycle hub.
Cushman & Wakefield’s Lana Baldock and Dan Swift are responsible for the office leasing with Urban Works Real Estate’s Dan Bozich handling the retail leasing.
For comments, questions or concerns, please contact Dennis Kaiser