Ethos Commercial Advisors led a comprehensive repositioning strategy for the Bakery Building, a historic creative office property in Portland, Oregon, which faced significant vacancy challenges following the COVID-19 pandemic. By combining proactive leasing initiatives, data-driven marketing, and focused tenant retention efforts, Ethos helped ownership restore occupancy and reestablish the building’s market position.
Through targeted advertising, personalized tenant outreach, and a disciplined deal-making approach, Ethos and ownership renewed five key tenants and completed 14 new leases within a 24-month period. Ethos’ efforts resulted in nearly 57,000 square feet of new and renewed leases In total, restoring the building to pre-pandemic occupancy levels and long-term stability.
Central to this success was Ethos’ commitment to managing each transaction from initial inquiry through lease execution with consistent communication, hands-on oversight, and strategic alignment of ownership and tenant objectives.
Ethos Services
Associated Team Members
- Josh Bean, SIOR
- Executive Managing Director, Partner
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- Brian Hanson, MREF
- Senior Managing Director, Partner
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