Two years ago, we used to tell our clients to expect around $280-$300 a square foot for downtown Portland condo space. Last year it was about $350. Now $400+. We’re not talking penthouses here. Just a nice condo unit in a Pearl/downtown complex.

Last night the Benson Tower sales office opened. You’re too late if you want the top floor penthouse. It is already reserved. 360 degree views from the 26th floor? $1129.03 a square foot for the 3100 square foot unit.