Posts in Retail
Q2 2018 Retail Report is here!

The Portland retail market did not experience much change in market conditions in the second quarter 2018.  The vacancy rate remained at 3.2%. Net absorption was positive 83,327 square feet, and vacant sublease space increased by 29,737 square feet.  Quoted rental rates increased from first quarter 2018 levels, ending at $17.35 per square foot per year.  A total of 7 retail buildings with 55,011 square feet of retail space were delivered to the market in the quarter, with 1,129,274 square feet still under construction at the end of the quarter.

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Property Investors Bets on The Future of Retail Industry

(Bloomberg)—Investors in real estate are sending a strong signal about the future of retail.

Values for U.S. industrial buildings, including the warehouses that serve as distribution hubs for Amazon.com Inc. and others that sell goods online, have been wildly outperforming retail-property values for some time. A new report from Green Street Advisors LLC shows that industrial values have climbed 15 percent over the past year, the most of the 10 types of commercial real estate the research firm tracks. Over the same period, prices for malls, the worst performer, fell 12 percent.

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Online Retailers are Starting to Build Physical Presence

Amidst a tumultuous environment for brick-and-mortar retailers, online brands continue to flip the script and open physical stores. Many landlords are welcoming them, hoping they will help draw shoppers.

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German Investor Bets Big On Portland Hotel Market

"The Porter is an ideal addition to our U.S. portfolio, which is set to grow at a similar pace going forward as in recent years," Union Investment Real Estate GmbH Head of Investment Management Hospitality Andreas Löcher said. 

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The 32 most-wanted locations for Portland business

"Building amenities are a big factor," said Scott Andrews, president of the Melvin Mark Brokerage Co. "Bike storage, fitness rooms with showers and lockers and good building conference room availability are necessary."

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