PAE Living Building

Property Description

The PAE Building is a 55,000 SF, five-story, class A office building located in Portland, OR. The five-story podium-built building consists of ground floor amenities including retail, bike storage, and lobby space. Located in the heart of Portland’s central business district, the PAE living building is positioned as an attractive, sustainable addition to a bustling public realm.

Loan Usage

The building is the first developer-led commercial Living Building Challenge Certified building, with the goal of achieving net zero energy and water usage. As such, the building is one of the most sustainable office buildings in the world. As of January 31, 2020, energy modeling indicated that the property’s design uses roughly 50% less energy than a building designed under the current Oregon Efficiency code.