Glut of Office Space Persists in Portland-Metro Area

Portland’s office market reached a record high vacancy rate of 15.2 percent in recent months, with leasing activity tracking toward a historically low level, according to Kidder Mathews.

The brokerage’s third-quarter office report, released Monday, shows continued pain in Portland’s office market, particularly downtown. The city’s urban core has more than half of the metro area’s vacant space.

For the full story, go to DJC Oregon.

© 2025 BridgeTower Media. All rights reserved.