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Leasing Retreats While Sales Surge: Portland’s Industrial Market Enters a Cautious Phase

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Building with sawtooth roof line
Photo by Simone Hutsch For Unsplash+
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Portland’s industrial real estate market is navigating a transitional period marked by softening leasing demand, rising vacancies, and a resurgence in sale activity. According to a Q1 2025 report by Kidder Mathews, the direct vacancy rate rose to 4.8 percent, a 100 basis point increase year-over-year (YOY), while total availability expanded by 130 basis points […]

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