Home Commercial Portland Office Vacancy Hits Record 15.2% as Market Faces Prolonged Downturn
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Portland Office Vacancy Hits Record 15.2% as Market Faces Prolonged Downturn

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Skyline of Portland, Oregon
Photo by Sean Oulashin on Unsplash
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Leasing activity plunges to 641K SQFT while sales rebound on steep discounts Portland's office market continues to struggle with fundamental demand challenges, as remote work patterns and economic headwinds reshape the commercial real estate landscape. According to Kidder Mathews' Q3 office market report for the city, the third quarter of 2025 marked another milestone in […]

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