Property Condition Assessments: The Name That Has Set The Standard For over 27 Years.
Location
309 Southwest 6th Avenue, Portland, OR
Total Buildings
8
Total Sqft:
237,072
PCA conducted a Property Condition Assessment of the Historic Bank Block at 309 Southwest 6th Avenue in Portland, Oregon. The property comprises three high-rise office buildings of 12, 5, and 4 stories totaling approximately 237,072 square feet on a 0.92-acre site, with original construction dates of 1906, 1916, 1924, and 1955. The buildings include six elevators.
The engagement included architectural, roofing, structural-seismic, and mechanical/electrical/plumbing/limited fire-and-life-safety assessments, along with a vertical transportation assessment and a public records review. PCA documented existing conditions and quantified deferred maintenance and remaining-useful-life projections for the client’s reserve and capital planning. The structural-seismic review addressed the age and construction era of the buildings, while the vertical transportation assessment produced a reserve estimate for elevator replacement timing. The public records review supplemented field findings with documentation context. The consolidated findings gave the client a basis for prioritizing immediate repairs and sizing reserves across the three structures.