Increased Availability Marks Portland’s Industrial Market in Q4 2023

The Registry PNW

Posted In — News & Press | In the News

After a strong 2022, the Portland industrial real estate market in 2023 faced various challenges resulting in overall negative net absorption and increased availability of assets. The Kidder Mathews Portland Industrial Market Report for the fourth quarter of 2023 also revealed net effective leasing rates remained lower due to increased rental abatement and above-standard tenant improvements.

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