U.S. Bank ends lease at Portland's U.S. Bancorp Tower, relocates employees to Gresham site.

U.S. Bank will not renew its lease at the U.S. Bancorp Tower, known as "Big Pink," in downtown Portland, effective at year-end. The decision, communicated to employees, reflects potential shifts in the commercial real estate market. While some employees will relocate to other downtown facilities, hundreds will move to a U.S. Bank site in Gresham. The bank's local branches remain operational, affirming its commitment to serving Portland customers.

September 05, 2024
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