Portland’s Northwest District is a premier location, and is a hotbed of local restaurants and shops, while still offering a community atmosphere. The neighborhood commands some of the highest rents in Portland due to nearby amenities, proximity to downtown, low crime rates, and top school ratings.Read More
As the local economy is shifting from electronics hardware and manufacturing toward software and web services, demand for office space remains strong across the metro, especially in high-profile submarkets such as the CBD and Pearl District.Read More
"2017 represented another very healthy year for leasing activity in Portland’s industrial sector, driven by several mega-leases, in particular Amazon, which continued to grow its presence across the greater metro area," Cushman & Wakfield Portland Director Aaron Watt said.
“The boom cycle has been … longer than most others in commercial real estate. But we’re seeing that the fundamentals of the Portland market are really still here, largely fueled by tech growth. When tech is growing here, they’re taking down lots of space. But they impact everyone in traditional industries because they need CPAs and attorneys to support their businesses. So you’re seeing those more traditional industries growing as well.”Read More