Portland Industrial Market Update: Vacancy, Vancouver Growth & The 2027 Outlook
Portland Industrial Market Update: Vacancy, Submarkets, Capital Interest, and the I-5 Corridor
On the Industrial Advisors podcast, hosts Bill Condon and Kyle Bach interview Colliers Portland industrial broker Tom Knecht about the Portland metro industrial market. Knecht says the market is regaining conviction with increased leasing activity, but vacancy is about 8% versus 3.5% five years ago, and tenants currently have leverage, requiring landlords to be creative with concessions and rates. He notes a wide spread between Class B/C Northeast Portland and Class A Southwest Washington, with…
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