Lloyd District Portfolio, consists of a total of 588,397 rentable square feet on more than 16 acres located in the Lloyd District of Portland, Oregon. The Lloyd District Portfolio is comprised of six office buildings within fourteen contiguous blocks, including (i) a condominium interest in the 20-story Lloyd Center Tower, (ii) the 16-story Lloyd 700 Building and (iii) four low-rise landmark buildings within Oregon Square.
Additionally, as a result of years of planning, the Lloyd District Portfolio has been designated for additional development rights to include a high density, transit oriented, mixed-use urban village, anticipated to be in excess of 1.5 mm square feet. The entitlement for such development opportunity allows a 12:1 Floor Area Ratio with a 250 foot height limit and provides for retail, office and/or multi-family development. Development has already begun with the October, 2015 completion of the 657 unit Hassalo on Eighth.