Portland Office Market Sees Mixed Signals Amid Challenges in Q4 2024

Portland’s office market continued to experience turbulence in the fourth quarter of 2024, as direct vacancy rates climbed to a record high of 13.5 percent, marking the eighth consecutive quarter of rising vacancies. However, despite ongoing market headwinds, net absorption posted a rebound of 282,000 square feet, breaking a five-quarter streak of negative absorption.  According […]