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Portland’s Office Market Sinks to Historic Lows as Vacancy Reaches All-Time High

October 15, 20254 Mins read934
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Leasing activity plummets while opportunistic investors circle distressed assets in a market transformed by remote work and economic headwinds Portland's commercial office market has entered uncharted territory, with direct vacancy rates climbing to an unprecedented 15.2 percent in the third quarter of 2025, according to data released by commercial real estate firm Kidder Mathews. The […]

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