5 MLK
Newmark has been appointed to lease greater than 115,000 sq. ft of workplace area at 5 MLK, a mixed-use property in Portland, Ore. Government Vice President & Managing Director Dave Squire, Director Travis Parrott, and Affiliate Director Michael Goetz shall be advertising the area on behalf of proprietor The Inexperienced Cities Co.
Positioned at 5 SE Martin Luther King Jr. Blvd., the 17-story, 720,106-square-foot property encompasses 4 flooring of Class A workplace area accessible for lease, 220 rental models unfold throughout 11 flooring, and 15,000 sq. ft of retail area. The constructing’s facilities package deal features a enterprise heart, a health heart, lockers and a yoga studio, a lounge, a convention room, a swimming pool, in addition to indoor and outside widespread areas. Moreover, the mixed-use asset additionally options 180 parking spots and electrical car charging stations, in response to CommercialEdge knowledge.
Located on a 1.4-acre lot in Portland’s Central Eastside neighborhood, 5 MLK is throughout Willamette River and the historic Burnside Bridge, roughly 2 miles from downtown Portland and inside 10 miles of Portland Worldwide Airport.
Designed with well being and wellness in thoughts
In-built 2021, GREC Architects designed 5 MLK with a give attention to biophilic parts and sustainable options, supporting its occupants’ well being and wellness wants. The LEED Gold licensed property is the primary mixed-use constructing within the nation to attain Fitwel certification.
In a ready assertion, Parrott talked about that 5 MLK will probably profit from the continuing flight-to-quality development amongst workplace customers.
