Portland

1159 Articles

Williams & Russell CDC and Adre Advance 20-Home Affordable Townhome Phase in North Portland

First phase of long-planned reparative housing project moves into construction, with completion targeted for Q1 2027 In North Portland’s Albina neighborhood, a long-discussed...

Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets

Mortenson's latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...

Big Pink Owner Acquires 266,664 SQFT Five Oak Building in Downtown Portland

The purchase of the lender-owned office building from Nuveen follows a competitive bidding process and complements the ongoing hospitality-driven repositioning of the U.S....

204-Unit Willamette Park Apartments in West Salem Trades for $46.3MM in Q4 2025

The transaction values the 2007-vintage community at approximately $226,961 per unit, marking one of the largest multifamily sales in Salem's history. Willamette Park,...

Kidder Mathews Awarded 450,000 SQFT Leasing Assignment for 217 Distribution Center in Beaverton, Oregon

Portland, Oreg. (February 19, 2026) – Kidder Mathews has been awarded the exclusive leasing assignment for 217 Distribution Center, a 450,666-square-foot, multi-tenant industrial...

UPS to Close Spokane and Pendleton Facilities as Pacific Northwest Feels Impact of National Network Overhaul

The closures are part of a sweeping restructuring that will shutter 22 union-staffed buildings across 18 states in 2026, as UPS decouples from...

Portland Approves Enterprise Zone Expansion at PDX for Alaska Airlines’ $150MM Maintenance Hub

City Council unanimously backs tax incentive boundary change to support airline's new operations center at Portland International Airport Portland City Council voted unanimously...

Macerich Trims Oregon Holdings With $31MM in Washington Square Outparcel Sales While Retaining Two Portland and Eugene Centers

The mall REIT sold a retail strip center and an outparcel at its Washington Square property in Portland during Q4 2025, while both...

Federal Funding Advances Gateway to OMSI as Portland’s $1 Billion Central Eastside District Takes Shape

An $850,000 community project appropriation will rebuild two key intersections on SE Water Avenue, unlocking the next phase of the 24-acre OMSI District...

Intrinsic Ventures Lists 46,800 SQFT Dairy Building for $5MM in Portland’s Central Eastside

The adaptive reuse industrial and creative maker asset on 2.5 acres offers investors leasehold interest with redevelopment upside A gut-renovated industrial building in...

Oregon’s Bipartisan JOBS Act Targets Semiconductor and Advanced Manufacturing Growth With Expanded Tax Credits, 373 Acres of Industrial Land

Senate Bill 1586 would double biennial R&D credit caps, extend eligibility to biotech and clean energy firms, and bring Washington County land into...

Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025

The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...