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Portland’s Industrial Market Faces Rising Vacancies and Declining Lease Rates in Q4 2024

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Portland’s industrial market faced notable changes in the fourth quarter of 2024, as vacancy rates continued to climb and lease rates declined. According to the latest Portland industrial market report from Kidder Mathews, direct vacancies reached a decade-high of 4.9 percent, while net absorption remained negative. The shifting market conditions have prompted a recalibration, with […]

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