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Seattle & Northwest   /   March 5, 2021

Lisa Brown
By: Lisa Brown

Portland’s Bioscience Market Set for a Boost

Portland’s ever-tightening bioscience real estate market will receive a much-needed boost next month with the completion of 808 on Alder. This 37,000-square-foot facility is being developed by Summit Development Group at 808 SE Alder in the city’s Eastside neighborhood.

Lorentz Bruun Construction began construction last March and, despite the pandemic, is on course for completion of core and shell construction next month. Earlier this month, the general contractor finished dropping steel for a new steel skeleton for the three-story renovation, making the more than 100-year-old former warehouse building compliant with current seismic code.

Construction involved leveling the original two-story structure, which had a 6-inch height difference from end-to-end, adding an additional floor to the building and making the existing basement occupiable. Upon delivery of the core and shell next month, 808 will be ready for tenant improvements.

808 on Alder was designed by Hennebery Eddy Architects. Josh Bean of ETHOS Commercial Advisors LLC is the exclusive leasing agent.

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Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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