240 CLAY - Urban Works Real Estate

/ URBANWORKSREALESTATE.COM / 503.228.3080
FOR
LEASE
RETAIL / RESTAURANT
240 CLAY
240 SE CLAY, PORTLAND, OR
Ground floor retail available in new LEED building
in popular central eastside neighborhood
RETAIL A //
RETAIL B //
RETAIL C //
RETAIL D //
1,917 RSF
3,799 RSF
5,053 RSF
3,250 RSF
BRIAN GREELEY / DAN BOZICH / 503.228.3080
240 CLAY // 1
ABOUT
240 CLAY
ADDRESS // 240 SE CLAY, PORTLAND, OR
DELIVERY // SPRING 2016
USES // RETAIL, SERVICE RETAIL, RESTAURANT & BAR
RENTABLE
SF
RETAIL A // 1,917 RSF
RETAIL C // 5,053 RSF
RETAIL B // 3,799 RSF
RETAIL D // 3,250 RSF
INDUSTRIAL OFFICE BUILDING WITH GROUND FLOOR RETAIL
To be built on the site of a defunct warehouse building destroyed by fire in 2007, the 240 Clay Building is the Central
Eastside Industrial District’s first new industrial office building. This five-story building is compromised of 60,000 square feet
of industrial office space above approximately 5,000 square feet of ground floor retail space.
AMPLE PARKING AND CONVENIENT ACCESS TO MAX LINE
A raised access floor mechanical system sets this building apart offering LEED standard energy performance. Tenants will
also enjoy ample bike parking, electric car charging stations, nearly 100 on-site parking stalls, and convenient access to the
Portland Streetcar, and the MAX light rail.
STUNNING ARCHITECTURE AND AMENETIES
The building features high ceilings with exposed heavy timber construction, large operable windows for ample natural
daylight and access to fresh air, a fitness lounge with lockers and showers, and a one-of-a-kind rooftop deck and amenity
space with stunning views of the river and downtown Portland skyline. 240 Clay is a place for living, not just for working.
Rooftop deck
Intersection at 3rd & Clay
240 CLAY // 2
MAX LINE & STREET CAR
TRANSIT
DOWNTOWN
PORTLAND
Burnside Bridge
Mo
rriso
ridg
e
SE WATER AVE
Haw
nB
SE GRAND AVE
240 Clay is located within a half mile
of the OMSI/SE WATER Orange Max
line stop and just a block from the
street car.
MAX Orange Line, TriMet’s fifth MAX
line, travels 7.3 miles between PSU,
inner Southeast Portland, Milwaukie
and Oak Grove in north Clackamas
County.
CENTRAL
EASTSIDE
240clay.com
tho
rne
Brid
ge
SE MORRISON STREET
SE TAYLOR STREET
HAWTHORNE STREET
CLAY STREET
400,000 NEW RESIDENTS ARE
EXPECTED IN THE NEXT 20 YEARS.
The Orange Line will provide an
efficient high-capacity transit option
to underserved communities in the
congested McLoughlin Blvd/Hwy 99E
corridor.
ge
id
m
ua
Br
OMSI
q
ar
M
OMSI / SE WATER
MAX STATION
Streetcar
Max
Max: future
line (Sept
2015)
New Orange
Line
Max: future
stops
Orange
Line Stops
GETTING THERE
Tilikum Crossing “Bridge of the people”
TILIKUM CROSSING CONNECTS EASTSIDE TO DOWNTOWN
At more than 1,700 feet in length, the Tilikum Crossing, Bridge of the People, is
the only bridge of its kind in the U.S. The bridge will carries MAX trains, buses,
streetcars, cyclists and pedestrians.
240 CLAY // 3
CENTRAL EASTSIDE
ECONOMIC GROWTH
Once a busy warehouse and manufacturing district, this neighborhood has transformed in recent years into the
epicenter of Portland’s art and design scene.
Central Eastside’s daytime population continues to grow as new office developments take flight. The CES employs
more than any other district in the Central City outside of the downtown core. Industrial uses and creative businesses
sit side-by-side, as the area becomes an emerging location for cross-industry exchange, from film and digital
enterprises to food, creative services and craft industries. A variety of enterprises makes the area one of the city’s
largest employment districts.
SURROUNDING
DEMOS
.25 MILES
.5 MILES
1 MILE
POPULATION
137
1,096
18,712
TOTAL EMPLOYEES
1,342
5,945
61,076
TOTAL BUSINESSES
138
586
4,536
MEDIAN HH INCOME
$22,654
$50,272
$46,885
MEDIAN AGE
36.7
37.6
34.5
EDU (SOME COLLEGE)
63.3%
78.4%
83.5%
GROUND FLOOR
SITE PLAN
<< SE 2ND AVENUE >>
5,053 RSF
RETAIL B //
3,799 RSF
RETAIL D //
RETAIL A //
1,917 RSF
<< SE CLAY ST >>
RETAIL C //
3,250 RSF
<< SE 3RD AVENUE >>
240 CLAY // 4
SURROUNDING
RETAIL & DINING
The Slammer
Tavern
Taqueria Nueve
Rum Club
Pips & Bounce
Grand Central Bowl
Bunk Morrison
Star Bar
SE Alder St
SE Morrison St
Pepper Box Caffe
Cascade Brewing
SE Belmont St
Green Dargon Pub
SE Yamhill St
Grand
Marketplace
El Cubo de Cuba
SE Taylor St
Rejuvenation
SE Salmon St
Hawthorne Market
Wildfang
Water Ave Coffee
Renata
Denali Furniture
White Owl
Social Club
Rose’s Equipment
Pitman Restaurant Equip
SE Hawthorne Blvd
Helium Comedy Club
Eastside Distilling
Willful Wines
Urban Crush
SE Clay St
SE Market St
9th Ave
8th Ave
6th Ave
7th Ave
Elephants
Catering & Events
Goodwill
SE Madison St
Lucky Lab
Vie De
Boheme
Grand Ave.
3rd Ave
SE Main St
SE Mill St
12th Ave
Bamboo Revolution
Coava Coffee
11th Ave
Portland
Store
Fixtures
240 CLAY
SE Eater Ave
SE Stark St
Commons
Brewery
Martin Luther King Jr. Blvd.
Essence Interiors
Noraneko
Hawthorne Bridge
Dig A Pony
City
Liquidators
River City
Bicycles
Legacy Modern
Brush & Towel
Asia America
Bernadette Breu
The Lippman Co
American Barista School
Water Ave Coffee
Boke Bowl
BUNK Bar
Dining
Shopping
Entertainment
SE Washington St
Oregon
Ballet
Theatre
City Home
Carmella’s Wines
Clarklewise
Morrison Bridge
Hair of the Dog Brewery
KURE
Cargo
Central Eastside
Foodcarts
The Side Door
Slow Bar
Cropping up alongside the studios and gallery spaces, a vibrant food scene is now pushing the limits of culinary arts. East
Burnside is beginning to rival the city center as Portland’s fashion hub with the presence of several small boutique stores
and larger retail centers.
SE Stevens St
SE Harrison St
SE Lincoln St
SE Grant St
Rivelo
Blitz Ladd
240 CLAY // 5