One Main Place is a privately owned commercial

office building An office is a space where the employees of an organization perform administrative work in order to support and realize the various goals of the organization. The word "office" may also denote a position within an organization with specific du ...

Downtown Portland Downtown Portland is the central business district of Portland, Oregon, United States. It is on the west bank of the Willamette River in the northeastern corner of the southwest section of the city and where most of the city's high-rise buildi ...

, in the

U.S. state In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its so ...

Oregon Oregon ( , ) is a U.S. state, state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington (state), Washington, while t ...

. Located at the west end of the

Hawthorne Bridge The Hawthorne Bridge is a truss bridge with a vertical lift that spans the Willamette River in Portland, Oregon, joining Hawthorne Boulevard and Madison Street. It is the oldest vertical-lift bridge in operation in the United States and the o ...

, the 20-story skyscraper is tall. Completed in 1982, it is the fifteenth tallest building in

Portland Portland most commonly refers to: *Portland, Oregon, the most populous city in the U.S. state of Oregon *Portland, Maine, the most populous city in the U.S. state of Maine *Isle of Portland, a tied island in the English Channel Portland may also r ...

, and the sixteenth largest by square-foot. Designed in the modern style by

Skidmore, Owings and Merrill SOM, an initialism of its original name Skidmore, Owings & Merrill LLP, is a Chicago-based architectural, urban planning, and engineering firm. It was founded in 1936 by Louis Skidmore and Nathaniel Owings. In 1939, they were joined by enginee ...

, it is a concrete and glass tower.

History

The structure was designed by architectural firm Skidmore, Owings and Merrill and built by

Hoffman Construction Company Hoffman Construction Company is a privately held construction company founded in 1922 based in Portland, Oregon, United States. History Lee Hoffman (May 15, 1850 - August 8, 1959) moved to Portland in the 1870s with his family and worked const ...

, with completion coming in 1982. One Main Place was acquired by the Equitable Life Assurance Society from Marathon Realty U.S. for $35 million in 1995. The pension fund for

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

' police and fire departments bought the office tower in December 1998 for $44.5 million, after having owned 10 percent of the building since the 1995 sale. RREEF Realty Investments (part of

Deutsche Bank Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. ...

) purchased the building in 2006 for $69.3 million, and then sold it in January 2010 to KBS REIT II for a reported $57 million. RREEF had attempted to sell the office tower in 2009, but halted efforts in October after bids were lower than anticipated. The deal on the building was anticipated to close in April, but was completed early in February. KBS sold the building in 2014 to

New York Life New York Life Insurance Company (NYLIC) is the third-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #69 on the 2025 Fortune 500 list of the largest U.S. corporations by total rev ...

for $86.3 million.

Details

One Main Place is 20 stories tall and has of space. The building has of leasable space, making it by area the 16th largest in Portland. Designed in the modern style, the tall structure is used for class A commercial office space. The concrete building utilizes a curtain wall. The

World Trade Center World Trade Centers are the hundreds of sites recognized by the World Trade Centers Association. World Trade Center may also refer to: Buildings * World Trade Center (1973–2001), a building complex that was destroyed during the September 11 at ...

is directly north and east, while First & Main lies adjacent to the south. Tenants include law firms, Banner Bank, Yellowpages.com, and

Tripwire A tripwire is a passive triggering mechanism. Typically, a wire or cord is attached to a device for detecting or reacting to physical movement. Military applications Such tripwires may be attached to one or more mines⁠especially fragme ...

, a software developer, among others. Tripwire and the Education Northwest are the largest tenants, with the former occupying of space and Education Northwest taking up almost . The building is decorated each year during the winter holidays, utilizing a different theme each year and using a fireplace located in the lobby as part of the theme. These decorations won a local award in 2002 for its ''Home for the Holidays'' theme. The region's transit agency,

TriMet The Tri-County Metropolitan Transportation District of Oregon (TriMet) is a Transit district, transit agency that serves most of the Oregon part of the Portland metropolitan area. Created in 1969 by the Oregon Legislative Assembly, Oregon legi ...

, moved its administrative headquarters into One Main Place in 2023.

References

External links

Tripwire moving
- ''Portland Business Journal'' {{Skidmore, Owings & Merrill Office buildings completed in 1982 Skyscraper office buildings in Portland, Oregon Skidmore, Owings & Merrill buildings 1982 establishments in Oregon