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February 23, 2015

CleaResult Signs 101,848-SF Lease in Portland

CoStar Group

Jeff Hitch

In one of the largest office deals in Portland of 2014, CleaResult leased 101,848 square feet of Class A office space in the First & Main building at 100 SW Main St. in Portland, Oregon.

CleaResult provides energy programs to schools, governments, businesses and homeowners. This past fall, the company acquired PECI, (formerly Portland Energy Conservation Inc.) founded by the Portland City Council and whose offices were housed at First & Main.

The 16-story, 364,779-square-foot, 5-Star office building was constructed in 2010 on one acre in the city's CBD submarket. The property is home to Interface Engineering, the DEA, USPS, and the Department of Veterans Affairs.

Kevin Joshi, a senior vice president with Kidder Mathews, represented CleaResult. David Squire and Thomas Remley at Newmark Grubb Knight Frank represented the landlord, American Assets Trust.

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