The Kidder Mathews Portland Office Market Report for the second quarter of 2024 shows the commercial real estate market in the Portland-Vancouver-Hillsboro MSA continues to face substantial headwinds, characterized by rising vacancy rates and persistent negative absorption. While leasing and sales activities remain stable, the ongoing economic adjustments and work-from-home trends are reshaping market demands and landlord strategies.
For the full story, go to The Registry PNW.
© 2024 Mighty Dot Media, Inc. All rights reserved.