A Guide to Office Space in Portland

Portland offers an exciting blend of culture, natural beauty, and inclusive values. It is also a growing business hub that helps companies and entrepreneurs flourish.

Among the city’s leading industries are technology, manufacturing, and bioscience. The apparel and climate technology industries also have a strong presence here.

For many businesses and entrepreneurs, coworking is the best option in Portland. These spaces foster a community feel and offer flexibility and competitive prices. Small and large businesses as well as startups benefit from flexible agreements and affordable coworking options.

In this article, we’ll discuss the advantages of doing business in this city. We’ll also pinpoint the best office space in Portland.

Geography of Portland

Portland is the largest city in Oregon, located in the Pacific Northwest of the United States. The city sits on the Willamette and Columbia rivers, with Mount Hood as its backdrop.

Portland is progressive, eco-conscious, and has a vibrant arts and culture scene. Residents enjoy life in the great outdoors, with plenty of parks, bicycle parks, and walking trails nearby.

In addition to its population of nearly 650,000, Portland attracts tourists from all over the world. Its beautiful green spaces and lively arts scene are a big draw. So are its famous microbreweries and abundant artisanal coffee shops.

The city serves as a gateway to the entire Pacific Coast. It’s only a short flight away from Seattle, San Francisco, and Los Angeles. As such, it’s a great place to base a business and establish relationships throughout the region.

Top business areas in Portland

While Portland can feel like a small town at times, it has many different areas that are attractive to various businesses. These are some of the top business areas in Portland:

Downtown Portland

The Downtown area is Portland's central business district. Although it only makes up 1% of the region's land mass, businesses here represent more than 100,000 employees. Over 600 retail and restaurant businesses operate in this area.

Old Town Chinatown

The city's oldest neighborhood, Old Town Chinatown is home to tourist attractions and prominent educational institutions. The area also offers a vibrant mix of commercial offices and retail businesses.

Pearl District

What was once an industrial area occupied by warehouses has gone through urban renewal. In the Pearl District, you can visit boutiques, restaurants, and microbreweries. It's also home to art galleries, upscale businesses, and high-rise apartments.

Lloyd District

Situated across the river from Downtown, the Lloyd District is a bustling commercial area. This innovative urban area is home to the Oregon Convention Center, the Lloyd Center Mall, and the Moda Center arena.

5 businesses based in Portland

There are a variety of global brands and businesses that have established themselves in Portland. These are some of the most notable:

• Adidas: The German sportswear and apparel company has its North American headquarters in Portland. Adidas employs more than 1,700 people at its 525,000-square-foot campus.
• Intel Corporation: 10 miles west of Portland are the four campuses of the data and technology giant Intel Corporation. Investing in Oregon since 1974, Intel has over 22,000 employees working for its teams in Hillsboro.
• Precision Castparts Corporation: This market leader in manufacturing industrial goods and metal fabrication has its HQ in Portland. The company employs more than 30,000 worldwide.
• Nike, Inc.: The headquarters of the leading American sportswear and footwear brand is a short drive from Portland. Nike's Beaverton campus houses design studios, research labs, and global organization teams.
• StanCorp Financial Group: This Portland-based company offers insurance, investment, and retirement products. Founded in 1906, the StanCorp Financial Group now employs over 3,000 people.

7 Benefits of establishing your company in Portland

Portland offers many benefits to businesses of all sizes across various industries. This section discusses the leading advantages of running a business in Portland, ranging from convenience to financial gains.

1. Prime west coast location

Portland's strategic Pacific Northwest location offers access to domestic and global markets. Located six miles northeast of Downtown, Portland International Airport (PDX) offers excellent connections for the US and abroad.

Other West Coast tech hubs are accessible from the city and operate in the same time zone. By plane, you can reach San Francisco in less than two hours and Seattle in less than an hour. Amtrak Cascades offers train connections to Seattle, Vancouver, and more.

2. Cost of doing business

Portland offers a lower cost of living, so businesses can save money by relocating. Additionally, office space in Portland, Oregon, is more affordable than other tech hubs. For instance, Portland office space starts at $169 per person per month. In San Francisco, it starts at $239 per person per month.

3. Tax advantages

Portland City Council created tax and financial incentives for businesses in the city. This indicates a proactive approach to business and residential development.

The Downtown Business Incentive Credit Program is an example. Businesses that lease downtown offices and have employees who work at least half their hours there can enjoy tax breaks. Eligible businesses get a one-time, nonrefundable tax credit, claimable over four years.

4. Local support

Portlanders are known for their strong support of emerging local businesses. This creates a positive environment for startups and established businesses alike.

The city government also supports small businesses. Businesses can apply for the Local Small Business Repair Grants if they need emergency funds for repairs.

In return for this support, small businesses make up nearly 30% of the city’s employment.

5. Stimulating economic activity

The city's commitment to supporting small businesses is evident. Funding opportunities are available to aid various projects. The city council has introduced incentives that encourage investment and job creation, further boosting the business environment.

One of these incentives is the Business Incentive Tax Credit program. It offers tax breaks to businesses that bring their operations and employees to the Downtown, Lower Albina, Lloyd, and Old Town subdistricts.

The Portland Enterprise Zone Program creates property tax exemptions for up to five years in exchange for job creation and public benefits.

6. Business incentives and programs

Portland businesses can benefit from various incentives, such as the Oregon Investment Advantage. This program provides a 10-year exemption on taxable income for certified businesses in specific areas.

The Prosperity Investment Program (PIP) offers grants for making improvements to new and existing buildings. Incentives like these aim to attract and encourage small businesses.

7. Ease of local transportation

Portland boasts impressive and efficient public transportation. Visitors and residents can travel around the city by the MAX Light Rail or the Portland Aerial Tram. There is also the Portland Streetcar, and TriMet operates an extensive bus service.

With these affordable transport options and walkable areas, driving isn't necessary. For those who prefer or need to drive, though, there is extensive public parking in the main business district.

8. Portland culture

The city boasts an eclectic dining and entertainment scene, ideal for welcoming clients or hosting team socials.

There is also an impressive choice of outdoor activities and nature spots for relaxing and unwinding after work. Whether you prefer to hike or bike, there are plenty of parks and trails around Portland to explore.

How much are coworking memberships in Portland?

The average cost of office space in Portland varies depending on several factors, like location, size, and amenities. Whether you're looking for large or small office space in Portland, Regus has a multitude of options across the city.

Long-term and short-term office rentals in the city are more cost-effective than other leading cities in the region. Renting a small office space in Portland starts at $169 per person per month. Offices in Vancouver start at $335, and offices in Seattle start at $279 per person per month.

With Regus, you can work your way without investing in expensive commercial real estate or signing long-term agreements. If you’re just visiting Portland, hourly office rentals are another great option.

The 9 best coworking spaces in Portland

Are you interested in expanding or moving your business to Portland? At Regus, we have numerous locations in the area, each offering valuable amenities and benefits for your business.

Our ready-to-use private offices and customized offices are ideal for businesses wanting their own dedicated base in Portland. Alternatively, our office memberships and day office options are attractive for those wanting only a desk or more flexibility.

If you’re hosting a meeting but don't have a membership, you can book a meeting room at our Portland locations for as long as you need it.

1. 1435 NW Northrup Street

You can maximize your potential with our 1435 NW Northrup Street office in Portland's trendy Pearl District. Its high ceilings and huge skylights make this contemporary space a great place to work

This area is popular with entrepreneurs in finance, real estate, software, and more. That makes this a good location to connect and network. When traveling for business, the Portland International Airport is 12 miles away, offering domestic and international connections.

Highlights include

• Break-out areas
• Meeting rooms
• City center location

Information about 1435 NW Northrup Street

• Location: 1435 NW Northrup St, Portland, OR, 97209
• Starting cost: From $169 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: NW 14th & Northrup Light Rail Station (a one-minute walk away) and Portland Union Train Station (a 12-minute walk away)

2. 13535 SW 72nd Ave

13535 SW 72nd Ave is a light-filled office space with nearby forests, mountains, and the Oregon coastline as the backdrop. Many businesses call this area home, and it has the infrastructure to accommodate them. If you're expecting visitors, there is a good selection of nearby hotels and restaurants.

You can cycle to work or take advantage of excellent public transport options within close reach.

Make use of the purpose-built meeting rooms and relax in the comfortable breakout areas between busy periods.

Highlights include

• Break-out areas
• Meeting rooms
• On-site shops and restaurants

Information about 13535 SW 72nd Ave

• Location: 13535 SW 72nd, Portland, OR, 97223
• Starting cost: Prices available upon request
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: SW 72nd & Cherry Dr Bus Stop (a two-minute walk away)

3. The Leland James

If you're looking for North Portland office space, The Leland James sits in the heart of Portland’s historic Slabtown. Once an industrial area, this spot is now a thriving coworking community surrounded by boutiques and art galleries.

This location includes a third-floor sky porch and outdoor deck surrounded by wraparound eco-roofs on the fourth. There are also nearby restaurants as well as a fitness center.

Highlights include

• Bike and car parking
• Meeting rooms
• Break-out area

Information about The Leland James

• Location: 2175 North West Raleigh Street, Portland, OR, 97210
• Starting cost: From $225 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: NW 23rd & Raleigh Bus Stop (a three-minute walk away) and NW 21st & Pettygrove Bus Stop (a four-minute walk away)

4. Buckman on MLK

Buckman on MLK is another great office space for rent in Portland. Its floor-to-ceiling windows offer breathtaking views of the surrounding area.

There are also purpose-built meeting and conference rooms available across its three floors. Additionally, this flexible working hub is close to dining and entertainment hotspots, meaning it’s a great place to host clients.

Highlights include

• Conference rooms
• Secure bike storage
• On-site shower and locker facilities

Information about Buckman on MLK

• Location: 555 Southeast Martin Luther King Junior Boulevard, Suite 105, Portland, OR, 97214
• Starting cost: From $205 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: SE M L King & Stark Light Rail and Bus Stop (a one-minute walk away)

5. Liberty Center

The Liberty Center has panoramic views of the Lloyd District, Downtown Portland, and the Willamette River.

This modern workspace has plenty of room for collaboration in its meeting rooms, business lounges, and break-out areas.

After a long day's work, you can relax in the outdoor seating area and terrace. If you need a longer break, you’re only a 12-minute walk away from Peace Memorial Park. When you need to travel further afield for business, the Portland International Airport is eight miles away.

Highlights include

• On-site restaurant and sandwich service
• Bicycle storage and secure underground car park
• On-site gym and showers

Information about Liberty Center

• Location: 650 N. E. Holladay Street, Portland, OR, 97232
• Starting cost: From $225 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: NE 7th Ave Light Rail Station (a one-minute walk away) and NE Grand & Holladay Light Rail Station and Bus Stop (a three-minute walk away)

6. Lincoln Center

Looking for a technology-rich location? The Lincoln Center gives your business easy access to Oregon’s Silicone Forest, home to more than 1,000 tech companies.

This Regus office space is in the Lincoln Tower, the tallest building in Washington County. You can use the facility’s gym as needed, and there’s an on-site restaurant and sandwich bar if you don’t have time to go out for lunch.

Highlights include

• Videoconferencing studio
• Accessible facilities
• Business lounge

Information about Lincoln Center

• Location: 10260 SW Greenburg Road, Portland, OR, 97223
• Starting cost: From $225 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: SW Greenburg & Washington Square Rd Bus Stop (a six-minute walk away)

7. US Bancorp Tower

US Bancorp Tower is the second tallest building in Portland's skyline. If you're searching for private office space in Portland that will impress visitors, this 43-story tower might be your match.

This energy-efficient office in the premier business district is one of the city’s most recognizable locations.

This Downtown Portland office space also includes a cafe for much-needed breaks and an on-site gym for after-work exercise.

Highlights include

• On-site restaurant and coffee bar
• Sandwich service and vending machines
• Secure underground parking

Information about US Bancorp Tower

• Location: 111 S.W. Fifth Avenue, Portland, OR, 97204
• Starting cost: From $225 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: SW 5th & Oak Light Rail Station (a one-minute walk away) and SW 6th & Pine Light Rail Station (a three-minute walk away)

8. River Park Center

River Park Center in the south of Portland boasts stunning beachfront views and abundant natural light.

This fully functional office space offers dedicated rooms and videoconferencing facilities for stress-free meetings. When you need a break, the Sellwood Riverfront Park is just minutes away by foot.

Highlights include

• Business lounge
• Vending machines
• Accessible facilities

Information about River Park Center

• Location: 205 SE Spokane St., Portland, OR, 97202
• Starting cost: From $225 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: The SE Tacoma & 7th Bus Stop (a seven-minute walk away)

9. 1050 SW 6th Avenue

Culture and convenience are on your doorstep at 1050 SW 6th Avenue. With a striking glass facade, this building looks over the legal and financial district.

You’re spoiled for choice when it comes to places to eat and unwind in this area. Also, the Portland Art Museum is only a short walk away. All of it makes for a great place to entertain clients and your staff.

Highlights include

• On-site fitness facilities and showers
• On-site restaurant and coffee bar
• Sandwich service

Information about 1050 SW 6th Avenue

• Location: 1050 SW 6th Avenue, Portland, OR, 97204
• Starting cost: From $225 per month
• Opening hours: 24-hour access for Private Office and Dedicated Desk members, membership access during reception hours
• Nearby transport links: SW Main & 6th Bus Stop (a one-minute walk away) and SW 6th & Madison Light Rail Station (a two-minute walk away)

Discover serviced offices in Portland with Regus

Do you want your business to benefit from all that Portland has to offer? Bring your established company or startup to this strategic West Coast location. Make the most of Oregon's bustling business culture and an unrivaled choice of after-work activities.

Scaling your business in the United States starts with the right office space. Regus offers Portland temporary office space, as well as long-term office solutions.

You can always work how you want with Regus. Contact us to discover Portland rental office options tailored to your needs and goals.