Tenant Lease Proposals at Mason Ehrman Annex Building 208 NW 5th Avenue

Background

Prosper Portland, the economic and urban renewal agency for the city of Portland, is soliciting interest from qualified retail, office, and flex tenants to lease space in the Mason-Ehrman Annex Building located at 208 NW 5th Avenue in Portland’s Old Town/Chinatown Cultural Historic District. The agency focuses on building an equitable economy through various economic development programs that support small businesses and improve access to workforce training.

Work Details

The Mason-Ehrman Annex Building offers approximately 9,900 rentable square feet of creative flex space on the ground floor and an additional 9,900 square feet of finished basement space. The building features include secured bike storage, employee lockers, showers, and is accessible via the Downtown Bus Mall and MAX light rail. Tenants are expected to demonstrate organizational stability and financial capacity to fulfill lease obligations. Proposals must include a cover letter summarizing the organization, a conceptual statement of proposed use, business information including CVs of key personnel, and a signed Letter of Interest.

Period of Performance

The Call for Offers was issued on June 15, 2026, with submissions due by July 20, 2026. Candidate interviews are anticipated from July 21 to July 24, with landlord responses expected by July 31, 2026.

Place of Performance

The contract will be performed at the Mason-Ehrman Annex Building located at 208 NW 5th Avenue in Portland, Oregon.

Bidder Requirements

Proposers must be legally incorporated and doing business in Oregon for at least two years. They must demonstrate sufficient financial resources to support ongoing lease obligations and obtain commercial general liability insurance (minimum $1 million per occurrence / $2 million aggregate). Participation from certified minority-owned, women-owned, disadvantaged businesses and emerging small businesses is encouraged.