Report: Portland Industrial Market Remains Strong Despite Slow Start

Connect CRE   |   Jasmine Kilman

Posted In — News & Press | In the News

Industrial real estate fundamentals in Portland, Oregon, continue to show strength despite the current economic headwinds. A new report from Kidder Mathews indicates that direct vacancy rates have increased by 130 bps YOY to 3.9%. Asking lease rates have also steadily increased to $0.88 from $0.86-per-sqaure-foot NNN to since Q1 of 2023.

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