In 2005, Ashforth purchased its first building in Portland’s CBD, the 398,000 square foot ODS Tower. In 2007, Ashforth became Portland, Oregon’s largest owner of Class A office space in the Central City with two million square feet. The acquisition of Pacwest Center, a 30-story, 522,000 square foot office tower, was Ashforth’s third in Portland’s CBD along with the ODS Tower (sold in 2013) and One Pacific Square (sold in 2015).
Address: 1211 SW Fifth Avenue, Portland, OR
Owner: The Ashforth Company
Size: 522,000 sf
Acquired/Sold: December 2007-December 2016
Management Assignment: December 2007-November 2011
Capital Improvements:
- $3.6 million elevator modification program
- Improved garage signage and installed a new building emergency management system
- Replaced cathode lobby lights with energy-efficient LEDs
- Replaced water economizer coil
Property Map
