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