Portland Office Market Navigates Adjustment Period with Vacancy Reaching 27.3 Percent in Q4 2025

Leasing activity declines 12 percent as investment sales total $313 million amid continued valuation repricing Portland's office market concluded 2025 facing continued headwinds as vacancy rates climbed to 27.3 percent and leasing activity declined approximately 12 percent year over year, according to CBRE's fourth quarter market report. The metro recorded 2.6 million square feet of […]