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The Waterman Building 80 SE Madison St
962 - 16,323 SF of Office Space Available in Portland, OR 97214
Highlights
- Occupy 300-5,000 SF of custom office space with city views and a 1,182-SF fully equipped retail restaurant with heavy daytime foot traffic.
- Move-in-ready offices with natural light, 13-foot ceilings, 3rd-4th floor recessed decks with views, a furnished lobby, and ADA-accessible restrooms.
- Enjoy the on-site amenities like a shared conference room, Wi-Fi, available garage parking secure bike storage and repair, and shower facilities.
- Minutes from the Esplanade and Tilikum Crossing, where many love to visit for walking, jogging, bike riding, and captivating Willamette River views.
- Within reach of Downtown Portland via I-5, Hawthorne Bridge, Trimet Bus Lines, and Portland streetcar access less than a mile away.
- Strategically located in the Central Eastside Industrial District near offices, hotels, restaurants, brew pubs, and bakeries.
all available spaces(7)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Everything you’ve been searching for in a custom office space—and more. Mt Everest Suite 120 is a beautiful professional suite with a private office and glass-walled conference room (or second office), and an open concept reception area. The suite features 13 foot ceilings and polished concrete floors and is accentuated with the glass walls. Utilities and janitorial are included in monthly rent.
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 8 People
- 1 Conference Room
- Space is in Excellent Condition
- Reception Area
- Private Restrooms
- High Ceilings
- Natural Light
- Bicycle Storage
- DDA Compliant
- Fully Built-Out as Standard Office
- 2 Private Offices
- Finished Ceilings: 13’
- Central Air and Heating
- Balcony
- Security System
- Secure Storage
- After Hours HVAC Available
- Shower Facilities
- Open-Plan
ADA accessible 3rd floor suite with 7 offices with northern and eastern views, a corner conference room, breakroom with kitchenette, and southern facing balcony. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fits 7 - 16 People
- 1 Conference Room
- Plug & Play
- Reception Area
- Print/Copy Room
- Private Restrooms
- High Ceilings
- Natural Light
- Bicycle Storage
- Professional Lease
- Wheelchair Accessible
- Balcony with Southern View
- Utility / It Closets
- Garage Parking Available
- Fully Built-Out as Standard Office
- 7 Private Offices
- Space is in Excellent Condition
- Central Air and Heating
- Laboratory
- Balcony
- Corner Space
- Secure Storage
- After Hours HVAC Available
- Shower Facilities
- Smoke Detector
- Northern and Eastern Views from Offices
- Breakroom with Kitchenette
- ADA Accessible
Suite 320 is an ADA accessible 3rd floor suite with 5 offices and a conference room with northern views, and breakroom with kitchenette that opens onto a west facing deck with downtown views. This suite has basement storage and garage parking available. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Fully Built-Out as Standard Office
- 5 Private Offices
- Space is in Excellent Condition
- Garage parking available
- Fits 6 - 19 People
- 1 Conference Room
- Downtown views
- Kitchenette
Everything you’ve been searching for in a custom office space—and more. Mt Everest Suite 330 is a beautiful professional suite with 2 glass-walled offices, an open concept reception area, a kitchenette, and a balcony. The suite features 13 foot ceilings and polished concrete floors and is accentuated with the glass walls. Suite 330 has 1,273 RSF. NNN pricing includes utilities and janitorial. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 11 People
- 1 Conference Room
- Space is in Excellent Condition
- Reception Area
- Balcony
- Security System
- Secure Storage
- After Hours HVAC Available
- Shower Facilities
- Fully Built-Out as Standard Office
- 2 Private Offices
- Finished Ceilings: 13’
- Central Air and Heating
- Kitchen
- Private Restrooms
- High Ceilings
- Natural Light
- Bicycle Storage
- Open-Plan
This professional office suite has 7 private offices and a conference room with northern and eastern views, plus a breakroom with kitchenette that opens onto 2 private decks on the top floor of the Waterman Building. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fits 13 - 39 People
- 1 Conference Room
- Central Air and Heating
- Balcony
- Corner Space
- Natural Light
- Bicycle Storage
- Wheelchair Accessible
- Lots of Natural Light
- Fully Built-Out as Standard Office
- 7 Private Offices
- Plug & Play
- Kitchen
- Private Restrooms
- High Ceilings
- After Hours HVAC Available
- Shower Facilities
- Garage Parking Available
- Balconies with Views
This professional office suite has a large open area, 5 private offices, a breakroom with kitchenette, an IT closet, and a private deck on the top floor of the Waterman Building. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 16 People
- 1 Conference Room
- Plug & Play
- Kitchen
- Private Restrooms
- Secure Storage
- After Hours HVAC Available
- Shower Facilities
- Professional Lease
- Fully Built-Out as Standard Office
- 5 Private Offices
- Space is in Excellent Condition
- Central Air and Heating
- Balcony
- Corner Space
- Natural Light
- Bicycle Storage
- Open-Plan
This professional office suite has a large open area, a breakroom with kitchenette, and a private deck on the top floor of the Waterman Building.NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Office intensive layout
- Conference Rooms
- Space is in Excellent Condition
- Central Air and Heating
- Corner Space
- Natural Light
- Bicycle Storage
- Downtown Views
- Fully Built-Out as Standard Office
- Fits 4 - 11 People
- Finished Ceilings: 13’
- Plug & Play
- Kitchen
- High Ceilings
- After Hours HVAC Available
- Open-Plan
- Garage parking available
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 120 | 962 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $21,164 /YR $1,764 /MO | Office | Full Build-Out | Now |
| 3rd Floor, Ste 310 | 3,650 SF | Negotiable | $28.04 /SF/YR $2.34 /SF/MO $102,346 /YR $8,529 /MO | Office | Full Build-Out | Now |
| 3rd Floor, Ste 320 | 2,353 SF | Negotiable | $25.89 /SF/YR $2.16 /SF/MO $60,919 /YR $5,077 /MO | Office | Full Build-Out | Now |
| 3rd Floor, Ste 330 | 1,273 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $28,006 /YR $2,334 /MO | Office | Full Build-Out | Now |
| 4th Floor, Ste 410 | 4,875 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $136,500 /YR $11,375 /MO | Office | Full Build-Out | Now |
| 4th Floor, Ste 420 | 1,948 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $42,856 /YR $3,571 /MO | Office | Full Build-Out | Now |
| 4th Floor, Ste 430 | 1,262 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $27,764 /YR $2,314 /MO | Office | Full Build-Out | Now |
1st Floor, Ste 120
| Size |
| 962 SF |
| Term |
| Negotiable |
| Rental Rate |
| $22.00 /SF/YR $1.83 /SF/MO $21,164 /YR $1,764 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 310
| Size |
| 3,650 SF |
| Term |
| Negotiable |
| Rental Rate |
| $28.04 /SF/YR $2.34 /SF/MO $102,346 /YR $8,529 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 320
| Size |
| 2,353 SF |
| Term |
| Negotiable |
| Rental Rate |
| $25.89 /SF/YR $2.16 /SF/MO $60,919 /YR $5,077 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 330
| Size |
| 1,273 SF |
| Term |
| Negotiable |
| Rental Rate |
| $22.00 /SF/YR $1.83 /SF/MO $28,006 /YR $2,334 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor, Ste 410
| Size |
| 4,875 SF |
| Term |
| Negotiable |
| Rental Rate |
| $28.00 /SF/YR $2.33 /SF/MO $136,500 /YR $11,375 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor, Ste 420
| Size |
| 1,948 SF |
| Term |
| Negotiable |
| Rental Rate |
| $22.00 /SF/YR $1.83 /SF/MO $42,856 /YR $3,571 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor, Ste 430
| Size |
| 1,262 SF |
| Term |
| Negotiable |
| Rental Rate |
| $22.00 /SF/YR $1.83 /SF/MO $27,764 /YR $2,314 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 120
| Size | 962 SF |
| Term | Negotiable |
| Rental Rate | $22.00 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Everything you’ve been searching for in a custom office space—and more. Mt Everest Suite 120 is a beautiful professional suite with a private office and glass-walled conference room (or second office), and an open concept reception area. The suite features 13 foot ceilings and polished concrete floors and is accentuated with the glass walls. Utilities and janitorial are included in monthly rent.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 3 - 8 People
- 2 Private Offices
- 1 Conference Room
- Finished Ceilings: 13’
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- Balcony
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Shower Facilities
- DDA Compliant
- Open-Plan
3rd Floor, Ste 310
| Size | 3,650 SF |
| Term | Negotiable |
| Rental Rate | $28.04 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
ADA accessible 3rd floor suite with 7 offices with northern and eastern views, a corner conference room, breakroom with kitchenette, and southern facing balcony. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 7 - 16 People
- 7 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Plug & Play
- Central Air and Heating
- Reception Area
- Laboratory
- Print/Copy Room
- Balcony
- Private Restrooms
- Corner Space
- High Ceilings
- Secure Storage
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Shower Facilities
- Professional Lease
- Smoke Detector
- Wheelchair Accessible
- Northern and Eastern Views from Offices
- Balcony with Southern View
- Breakroom with Kitchenette
- Utility / It Closets
- ADA Accessible
- Garage Parking Available
3rd Floor, Ste 320
| Size | 2,353 SF |
| Term | Negotiable |
| Rental Rate | $25.89 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 320 is an ADA accessible 3rd floor suite with 5 offices and a conference room with northern views, and breakroom with kitchenette that opens onto a west facing deck with downtown views. This suite has basement storage and garage parking available. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Fully Built-Out as Standard Office
- Fits 6 - 19 People
- 5 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Downtown views
- Garage parking available
- Kitchenette
3rd Floor, Ste 330
| Size | 1,273 SF |
| Term | Negotiable |
| Rental Rate | $22.00 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Everything you’ve been searching for in a custom office space—and more. Mt Everest Suite 330 is a beautiful professional suite with 2 glass-walled offices, an open concept reception area, a kitchenette, and a balcony. The suite features 13 foot ceilings and polished concrete floors and is accentuated with the glass walls. Suite 330 has 1,273 RSF. NNN pricing includes utilities and janitorial. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 4 - 11 People
- 2 Private Offices
- 1 Conference Room
- Finished Ceilings: 13’
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- Kitchen
- Balcony
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Shower Facilities
- Open-Plan
4th Floor, Ste 410
| Size | 4,875 SF |
| Term | Negotiable |
| Rental Rate | $28.00 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This professional office suite has 7 private offices and a conference room with northern and eastern views, plus a breakroom with kitchenette that opens onto 2 private decks on the top floor of the Waterman Building. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 13 - 39 People
- 7 Private Offices
- 1 Conference Room
- Plug & Play
- Central Air and Heating
- Kitchen
- Balcony
- Private Restrooms
- Corner Space
- High Ceilings
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Shower Facilities
- Wheelchair Accessible
- Garage Parking Available
- Lots of Natural Light
- Balconies with Views
4th Floor, Ste 420
| Size | 1,948 SF |
| Term | Negotiable |
| Rental Rate | $22.00 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This professional office suite has a large open area, 5 private offices, a breakroom with kitchenette, an IT closet, and a private deck on the top floor of the Waterman Building. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 5 - 16 People
- 5 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Plug & Play
- Central Air and Heating
- Kitchen
- Balcony
- Private Restrooms
- Corner Space
- Secure Storage
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Shower Facilities
- Open-Plan
- Professional Lease
4th Floor, Ste 430
| Size | 1,262 SF |
| Term | Negotiable |
| Rental Rate | $22.00 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This professional office suite has a large open area, a breakroom with kitchenette, and a private deck on the top floor of the Waterman Building.NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 4 - 11 People
- Conference Rooms
- Finished Ceilings: 13’
- Space is in Excellent Condition
- Plug & Play
- Central Air and Heating
- Kitchen
- Corner Space
- High Ceilings
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Open-Plan
- Downtown Views
- Garage parking available
Property Overview
The Waterman Building is a refined mixed-use building home to a basement, storefront restaurant/retail, and four floors of modern professional office space, as well as select custom office community amenities. Step into the building and be greeted by a state-of-the-art lobby with comfy seating options, a fireplace, fountains, shared workspaces, and unisex restrooms and showers. Tenants can enjoy a new restaurant on the first floor to meet with clients and a shared conference room if extra space is needed for business meetings. Portland’s Central Eastside neighborhood has a nouveau-industrial chic personality, and these office spaces perfectly mirror that creative and artistic funky vibe. The Waterman Building is located just minutes from some of the trendiest restaurants, brew pubs, and coffee houses. After work, employees can hop on a bike and check out Portland’s vibrant eastside esplanade and bridges connecting to the downtown core and numerous riverfront parks. This building is conveniently located adjacent to accessible transit options like bus lines, street cars, and light rail. In addition to the properties, easy connections via walking and driving to Interstate 5, Hawthorne, and Morrison Bridges. The district has many parking options, from daily to monthly parking spaces. For bike commuters, the building includes convenient and secure bike storage, a bike service and repair area, and private storage lockers. The Waterman Building is locally owned and managed. To take a virtual tour or learn more about this beautiful space, please get in touch with North Rim today.
- 24 Hour Access
- Bus Line
- Controlled Access
- Conferencing Facility
- Fireplace
- Restaurant
- Security System
- Kitchen
- Storage Space
- Basement
- Bicycle Storage
- Central Heating
- High Ceilings
- Plug & Play
- Shower Facilities
- Wi-Fi
- Air Conditioning
PROPERTY FACTS
SELECT TENANTS
- Floor
- Tenant Name
- Industry
- 1st
- Wolfs Head
- Accommodation and Food Services
Marketing Brochure
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Pacific Pie Co | Australian | $ | 9 min walk |
| Wasabi Sushi | Japanese | $$$ | 9 min walk |
| Tiny's Coffee | Coffee | $ | 12 min walk |
| Sesame Collective | - | - | 13 min walk |
| Sparky's Pizza | Pizza | $ | 13 min walk |
| Chipotle | - | - | 14 min walk |
| Hair Of The Dog Brewing Company | Pub Food | $$ | 14 min walk |
| Harvester Brewing Gastropub | Gastropub | $ | 14 min walk |
| Portland's Sandwich Co | Sandwiches | $ | 15 min walk |
| Willow Restaurant | American | $$$ | 16 min walk |
Retail |
||
|---|---|---|
| 7-Eleven | Convenience Market | 10 min walk |
| United States Postal Service | Business/Copy/Postal Services | 10 min walk |
| Chase | Bank | 14 min walk |
| Jacksons | Convenience Market | 14 min walk |
| Office Depot | Office Supply | 18 min walk |
Hotels |
|
|---|---|
| Marriott |
506 rooms
3 min drive
|
| Hilton |
327 rooms
4 min drive
|
| Curio Collection by Hilton |
294 rooms
3 min drive
|
| Luxury Collection |
331 rooms
4 min drive
|
About Buckman and Kerns
In less than a decade, there’s been a transformation in the Buckman and Kerns neighborhoods. A wave of luxury apartment and creative office development, along with the steady rise of local retailers, restaurants, and co-working space, has benefited local employers and residents alike. With a rapidly expanding base of apartment renters – often well-paid urban professionals –a long list of additional luxury apartment developments is set to soon open their doors. The influx of new residents offers a well-educated pool of potential employees for nearby companies.
Buckman and Kerns are receiving an influx of new creative office space, with new, ground-up developments opening their doors alongside converted older buildings, often former industrial space. New creative space is proving particularly attractive to tech companies and startups. Notable local tenants include Autodesk, Simple, Viewpoint Construction Software, and children’s clothing company Hanna Andersson.
Despite the abundance of newly built and newly renovated space, office rents in the area are far below rates in Downtown Portland to the west. With available space ranging from the traditional to the whimsical, prospective office tenants can be choosy. And as newly built and renovated space continues coming online, both the quantity and quality of available space is on the rise.
Leasing Agent
Leasing Agent
Matthew Schweitzer, President
He has managed many different building types including single family, multi-family, retail centers, office buildings, industrial buildings and mixed-use projects.
In 1995 Matt joined Jeffrey Weitz, founder of North Rim, as a property manager, leasing, and sales broker. He has been instrumental in the growth of the company and now serves as North Rim's president.
About the Owner
About the Architect
Presented by
The Waterman Building | 80 SE Madison St
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