PORTLAND
Border Tensions Take a Toll on Washington State’s Tourism-Dependent Businesses
Sharp decline in Canadian visitors forces layoffs and reduced hours across hospitality and retail sectors near the border Washington State businesses that have...
Inflation Expected to Hold Near 3% Through Mid-2026 as Government Shutdown Disrupts October Data Collection
Wells Fargo projects two-month core CPI rise of 0.48 percent between September and November The October government shutdown has created an unusual gap...
Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price
Historic 150,040-square-foot downtown Portland office property trades at steep discount as market vacancy reaches record levels Portland’s commercial real estate market is experiencing...
PacificWRO Leases 18,500 SQFT at Portland’s 5 MLK Building
Office furniture firm relocates to Central Eastside tower amid weak office demand As Portland’s office market adjusts to smaller footprints and cautious tenants,...
Labor Market Wobbles as Unemployment Hits Post-Pandemic High
The U.S. labor market’s struggles intensified in November, with unemployment climbing to its highest level since the pandemic’s end and job growth remaining...
Shutdown-Delayed Jobs Data Predicted to Reveal Federal Layoffs and Rising Unemployment
Shutdown-delayed October data and a November unemployment rate near 4.5 percent could put “maximum employment” at risk As Washington’s budget battles continue to...
13,600 SQFT Boones Ferry Professional Center in Lake Oswego Trades for $2.18MM
Beacon Hill Property Investment Corporation recently completed the $2,188,100 owner/user sale of Boones Ferry Professional Center located at 15962 SW Boones Ferry Rd...
September Trade Deficit Narrows to $52.8B on Gold Exports, But GDP Impact Limited by Statistical Treatment
Non-monetary gold accounts for $6.1 billion of $8.8 billion export increase, while capital goods shipments decline $3.3 billion The turbulence in global trade...
SKB Buys 162,000 SQFT Former Federal Courthouse in Downtown Portland From GSA for $1.8MM
Local developer plans office move-in and long-range restoration of the 1933 landmark Portland’s efforts to revive its central city gained a symbolic lift...
Toll Brothers Posts Higher Revenue but Lower Margins as Backlog Shrinks and Builder Exits Multifamily Business
Luxury homebuilder ends FY25 with $10.84B in home-sales revenue and $1.35B in net income, while demand softens and backlog falls to $5.5B Toll...
Employment Cost Index Rises 3.5% Year-Over-Year in Q3, Slowest Growth Since Mid-2021
Quarterly wage and benefit increases moderate to 0.8 percent as labor market cooling reduces pressure on employers to raise compensation The cooling trend...
Oregon’s Unemployment Surge Raises Red Flags for State Economy
Jobless rate jumps a full percentage point year-over-year, marking the largest increase in the nation Oregon’s labor market deteriorated significantly over the past...
