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‘Choppy’ Industrial Market Sees Vacancies Grow

DJC Oregon   |   Chuck Slothower

Posted In — News & Press | In the News

Asking lease rates for industrial space in Portland slipped 3.4 percent to $0.84 per square foot, while vacancies grew to 4.7 percent, according to Kidder Mathews’ third-quarter industrial market update.

“It just continues to be a choppy market,” said Scott Murphy, executive vice president for Kidder Mathews in Portland. “There’s not a uniform, widespread trend.”

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