Caplan Building, Portland, OR 97204 - Office Space
Caplan Building is located at 500 SW 5th Avenue in the Downtown Portland neighborhood, OR, Portland, 97204. The Class B Office building was completed in 1906 and features a total of 33,416 Sqft.
There are 361 office spaces for lease in the Downtown Portland neighborhood, totaling 2,326,033 Sqft of available office space. The office space availability for the 97204 zip code is 1,332,943 Sqft, in 194 office spaces. The average asking office rent per sq. ft. in Downtown Portland is $28.04/sqft/year. For Class A+ office buildings the average office rate is $32.75/sqft/year, for Class A office buildings the average office rate is $29.57/sqft/year, for Class B office buildings the average office rate is $26.67/sqft/year.
In Downtown Portland, there are 75 class B office buildings. In 1906, the same year Caplan Building was built, 10 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Portland, featuring 208,000 square feet of commercial space. At zip code level, there are 43 commercial properties, of which 43 are office buildings over 50,000 square feet.