Development Reopening Scheduled for Summer 2021

The Porter Hotel

Oxford Capital Group, LLC Announces The Reopening Of The Porter Hotel Portland This Summer

Oxford Capital Group, LLC today announces the signing of a long-term lease agreement for The Porter Hotel Portland (218 SW Jefferson Street) with the owner of the property, Germany's Union Investment. Part of the Curio Collection by Hilton, The Porter is a recently developed 16-story, 296-room high design, full service, luxury lifestyle hotel located at the corner of 2nd Ave. and Columbia St. in downtown Portland's Fountain District.

Guests and locals alike will benefit from The Porter's four unique food and beverage outlets which will re-open sequentially as demand returns. The first venue to resume operations immediately upon reopening of the hotel will be The Portland Exchange Grocer & Goods, a modern take on the traditional delicatessen concept; Xport Bar & Lounge, an expansive rooftop venue which features spacious decks with unparalleled views of the mountains, will open next as the summer/fall office and financial district re-gain momentum. Also slated for future re-openings are Chiosco Pizza Window and Terrane Italian Kitchen + Bar, offering classic Italian flavors crafted with seasonal and locally-sourced ingredients. Banquets and group meetings will resume as restrictions are eased. Additional amenities include more than 12,000 square feet of indoor/outdoor event space, a fitness center, sauna and steam room, indoor pool and whirlpool. The property is within walking distance to the Arlene Schnitzer Concert Hall, Keller Auditorium as well as Portland Art Museum. Other popular attractions like the Oregon Convention Center, Moda Center, Portland Art Museum, and Portland Zoo are just a short drive away.

The Porter Hotel Portland transaction is structured as a long-term lease covering 100% of the total rentable area of almost 200,000 square feet. With the lease and management agreement finalized, Oxford and Union Investment can re-open the hotel and capitalize on post-Covid market recovery.

Hotel Website
USA & Canada United States Oregon Portland

Curio – A Collection by Hilton™ (curio.com) is a global set of remarkable upscale and luxury hotels hand-picked for their unique character and personality; each one a part of the city they call home. Curio guests are passionate, independent-minded travelers seeking local and authentic experiences who value the added peace-of-mind that comes with the Hilton name and award-winning Hilton HHonors program.

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 22 world-class brands comprising nearly 7,300 properties and more than 1.1 million rooms, in 123 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on Fortune's 100 Best Companies to Work...

Oxford Capital Group, LLC is a Chicago-based, international real estate investment, development and management firm specializing in value-add and opportunistic acquisitions, developments and redevelopments with an emphasis on hotels, mixed-use, senior housing and residential assets. Oxford Hotels & Resorts, LLC is its hotel management affiliate focused on operating and branding upscale and luxury lifestyle hotels.