Apr 2026 - Rebranding - Union Bank Building
In April 2026, the building's name was changed to OnPoint Plaza after OnPoint Community Credit Union opened a branch and moved some of their offices to the building.
The Union Bank Building, located at 707 SW Washington Street in Portland, Oregon, is a 15-story property recently acquired by Menlo Equities. This acquisition has sparked speculation about its potential repurposing as a data center. Menlo Equities has been actively expanding its digital infrastructure portfolio and has a dedicated data center platform pursuing large-scale projects. The building's central downtown location and floor plate design are considered suitable for telecom reuse. The presence of the Pittock Block nearby, identified as a carrier hotel and meet-me location, suggests that the necessary telecom infrastructure to support a data center is already accessible. This transaction aligns with a broader trend of investors repositioning older office buildings for alternative uses, driven by the demand for power, cooling, and connectivity.
This is a multi-tenant building listing, that covers multiple data centers. Click below listings for further details:
| Data Center | Operated By | Details |
|---|---|---|
| Uniti Portland | Uniti Wholesale | |
| Lumen Portland 2 | Lumen |
Events
This data center has timeline events listed. Typically events are related to M&A history, rebranding, capacity expansions etc.May 21, 2026 - M&A - Union Bank Building
Menlo Equities took ownership of the Union Bank Building on May 21, 2026
Pricing & Services
If you are looking for colocation, cloud, connectivity or other services in OnPoint Plaza, other data centers in Portland or operated by Menlo Digital, please try our free quote service or reach out for a free consultation about your data center needs. We use a best effort process to qualify opportunities and route them to matching operators.Advertisement