The Meier & Frank Building, one of Downtown Portland’s most notable structures, is a 16-story condominium interest property with 208,520 rentable square feet. KBS, in conjunction with Sterling Bay, is redeveloping the former Macy’s department store on the first 5 floors of the building into a best-in-class, mixed-use, asset encompassing space that includes street level retail and creative office. Floors 6-16 of the property are home to The Nines Hotel, downtown Portland’s most luxurious hotel including Departure Restaurant & Lounge, and Urban Farmer Steakhouse. The Meier & Frank Building is a historic, glazed terra cotta structure that originally held the headquarters of the Meier & Frank department store chain. The property encompasses an entire city block across from the vibrant Pioneer Courthouse Square and the highly successful Pioneer Square Mall. This location lies in the heart of Downtown Portland’s cluster of creative office space, as well as being in the midst of numerous national retailers. Being across from the epicenter of Portland’s Public Transit System, where all MAX Light Rail lines intersect, this property experiences unparalleled pedestrian traffic.