NW Couch St. - Brewery Blocks
Description
Focused on vibrant NW Couch Street between 10th & 13th, and known as The Brewery Blocks, this area is located at the south end of Portland's Pearl District and one of the city’s most sought after retail destinations. Almost 20 years ago, the 5-block Brewery Blocks area (formerly Henry Weinhard Brewery) was re-developed into high-end mixed-use retail/residential/office, including adaptive re-use of the original Henry Weinhard Brewery block and Armory building (Portland Center Stage). The area is anchored by Powell's Books and Whole Foods. Retailers within the 5-block Brewery Block area include West Elm, Anthropologie, Lululemon, Free People, Williams Sonoma, CB2, Blue Mercury, Madewell, Refor
Local Expert Analysis
Retail Leasing and Market Dynamics
Leasing activity in the Pearl District is consistently strong, supported by gross rents ranging from $50 to $75 per square foot. Vacancy rates remain enviably low, under 5%. This demand is further amplified by developments like the Ritz-Carlton and the 11W mixed-use project, which have injected fresh energy into the neighborhood. Popular brands such as Patagonia, Madewell, and Free People act as anchors, drawing a loyal customer base and maintaining the district’s retail momentum. The introduction of Milworks reflects ongoing interest from high-end and specialty retailers.
Customer Demographics and Foot Traffic
The Pearl District thrives on its diverse a
New Developments
Developments like the Ritz-Carlton and 11W are reshaping the neighborhood’s skyline and appeal, attracting even more high-profile tenants and affluent consumers. For businesses ready to align with a neighborhood that embodies progress and sophistication, the Pearl District offers a rare combination of opportunity, influence, and lasting impact.