What 200 Market does

200 Market is a single-asset commercial real estate property operating as 200 Market Associates Limited Partnership, providing Class A office leasing in Portland, Oregon. The asset is a 19-story building located at 200 SW Market Street in Portland's Fountain District, anchoring the South Business District. The property contains 400,000 sq ft of leasable workspace distributed across 18 tenant floors at approximately 19,000 sq ft per floor, supplemented by 600 parking spaces with on-site free valet service. The building was the first multi-tenant property in the United States to achieve LEED Gold certification in 2006 and subsequently received LEED Platinum status in 2010, reflecting investment in energy management systems, state-of-the-art HVAC and air quality controls, elevator access security, and wifi-enabled public spaces.

The offering is a traditional long-term commercial lease product with no publicly disclosed pricing; lease economics are negotiated through an exclusive relationship with Cushman & Wakefield (broker Tom Usher). Target tenants are enterprise businesses and growth-oriented companies seeking premium downtown Portland office space with modern amenities, including AV-equipped conference rooms, a fitness center, bike parking and repair facilities, EV charging stations, activated outdoor spaces, and on-site retail (Caffe Umbria) and business services (AlphaGraphics). The asset is owned by 200 Market Associates and operationally managed by Russell Development under John Russell, with the company itself reporting 1–10 employees, consistent with a passive asset ownership and leasing structure rather than an operating business.

Revenue is generated entirely through recurring multi-year commercial lease contracts on the 400,000 sq ft of office inventory, with ancillary income from parking, conference facilities, and on-site amenities. The building carries Walk Score 95, Transit Score 100, and Bike Score 95 ratings, reinforcing its positioning as a transit-accessible downtown asset. The entity is privately held, has no disclosed funding rounds, no AI or technology platform, no mobile applications, and operates exclusively within the Portland, Oregon metropolitan market.

Name

200 Market

Legal name

200 Market

Website

https://200market.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

200 Market is a single-asset 19-story Class A commercial office building in Portland's Fountain District offering 400,000 sq ft of leasable workspace across 18 floors, targeting enterprise and growth-stage businesses through long-term leases brokered by Cushman & Wakefield, and owned by 200 Market Associates under Russell Development management.

Ownership category

akta.pro rank

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Office Leasing: Rental income from leasing office space to businesses. The 19-story building offers 400,000 sq ft of Class A office space across 18 tenant floors with 19,000 sq ft per floor. Revenue is generated through long-term commercial leases with varying terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

200 Market is a 19-story Class A commercial office building in Portland's Fountain District offering 400,000 sq ft of office space across 18 tenant floors (approximately 19,000 sq ft per floor). The building provides long-term commercial office leasing to businesses, supported by premium amenities including secure parking with free valet service, AV-equipped conference rooms, fitness facilities, bike parking and repair, EV charging stations, on-site eateries, and activated indoor and outdoor green spaces. The property is LEED Platinum certified and features smart building controls with advanced energy management systems.

Product overview

200 Market is a single-property commercial real estate offering, centered on a 19-story Class A office building in Portland's Fountain District. The core product is office space leasing, providing 400,000 sq. ft. of workspace across 18 tenant floors. The building is continuously upgraded with premium amenities including secure parking with free valet service, AV-equipped conference rooms, fitness facilities, bike parking, EV charging stations, and activated outdoor spaces. The property integrates sustainability features with LEED Platinum certification and serves as a vibrant community hub with on-site eateries and convenient access to downtown Portland amenities.

Differentiator

Problem solved

Functional benefit

Products and services

• Class A Office Space Leasing Long-term commercial leasing of Class A office space in a 19-story building totaling 400,000 sq ft across 18 tenant floors (approximately 19,000 sq ft per floor). Targeted at established businesses seeking premium workspace in Portland's Fountain District, with LEED Platinum sustainability credentials and panoramic views.

Quantifiable outcome

• 100 Transit Score - excellent public transportation access
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Cushman & WakefieldcoreChannel Partner/ Reseller/ DistributorExclusive leasing broker relationship with Cushman & Wakefield. Tom Usher represents the building for all commercial leasing inquiries. Contact: 503-279-1700 or [email protected].
• Russell DevelopmentcoreOthersRussell Development, led by John Russell, owns and manages 200 Market Building. John Russell is committed to continuously improving the building and maintaining its position at the center of Portland's activity. Contact: 503-349-2500 or [email protected].
• Caffe UmbriaminorOthersCaffe Umbria provides convenient coffee service in the building's plaza, offering an on-site amenity for tenants and visitors.
• AlphaGraphicsminorOthersAlphaGraphics provides on-site business printing and graphics services for building tenants.

Scale indicators9 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Douglas Emmett: Office and multifamily REIT focused on Class A office submarkets in Los Angeles and Honolulu. Comparable as a long-duration Class A office owner with similar amenity-driven, tenant-focused positioning.
• Boston Properties: Large publicly-traded office REIT with premier Class A assets in major U.S. gateway markets. Comparable as a high-end Class A office landlord, though operating in larger, higher-rent gateway markets than Portland.
• Cousins Properties: Office REIT focused on Class A trophy properties in Sun Belt high-growth markets. Comparable as a Class A office landlord with amenity-rich, transit-oriented properties targeting enterprise tenants.
• Highwoods Properties: Office REIT owning Class A office properties in select Southeastern U.S. markets. Comparable as a Class A office landlord with a similar amenity/ESG-driven leasing strategy, though in a different geographic footprint.
• American Assets Trust: Diversified REIT with a West Coast office portfolio including Portland-area office properties. Directly comparable as an institutional Class A office operator in the Portland market.
• Paramount Group: Office REIT focused on Class A trophy office properties in gateway markets (San Francisco, New York). Comparable as an owner-operator of premium Class A office assets targeting enterprise tenants, though in higher-rent markets.
• Brandywine Realty Trust: Office REIT focused on Class A office properties in Philadelphia and Austin. Comparable as an owner-operator of Class A, amenity-rich office assets in non-gateway CBD/suburban markets.

Direct peers

• Kilroy Realty Corporation: West Coast-focused Class A office REIT with a strong sustainability/ESG program and LEED-certified portfolio. Comparable as a West Coast Class A office landlord pursuing similar sustainability and amenity-driven leasing strategies.
• Hudson Pacific Properties: Office REIT operating Class A creative/tech office properties on the West Coast, including a significant Portland portfolio. Comparable as an institutional owner-operator of West Coast Class A office space targeting similar enterprise tenants.
• Empire State Realty Trust: Office REIT focused on Class A office properties with leadership in energy efficiency/ESG retrofits. Comparable as an owner-operator of Class A office assets leveraging sustainability credentials and amenity enhancements to drive rents.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/200-market-associates-limited-partnership

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 200 Market