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1895 2035 Northwest Front A...

Instrument Leases 19500 Square Feet Office Space At 1895-2035 Northwest Front Avenue In Portland
LEASEDOffice

Instrument Leases 19500 Square Feet Office Space At 1895-2035 Northwest Front Avenue In Portland

1895 2035 Northwest Front Avenue

Building Size

19,500 SF

Asset Type

Office

Closing

May 22, 2025

AI

The property involved in this lease transaction is located at 1895-2035 Northwest Front Avenue, Portland, OR. It consists of office space measuring 19,500 square feet. This location is part of the urban core of Portland.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 19,500
  • Address: 1895-2035 Northwest Front Avenue
  • Market: Portland, OR
  • Tenant: Instrument
  • Brokers: Cayla Wardenburg & Niall Travers - JLL
jll represented instrument in this transaction facilitating the move of its portland headquarters to new location which aims support collaborative and event-driven workspace use as a long-term investment area.>jll>

Players

Cayla Wardenburg

JLL

Broker

2 deals

Broker

Portland Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93