Portland Industrial MarketBeat Q3 2025
Portland's industrial market experienced rising vacancy and softening employment in Q3 2025, with the vacancy rate climbing to 6.2% as new deliveries outpaced demand, while nonfarm employment fell 0.6% and the unemployment rate rose to 4.8%. Average asking rents remained flat at $0.93 per square foot on a monthly triple-net basis, with landlords maintaining pricing through concessions and lease flexibility rather than rate reductions, though nearly 1.6 million square feet remained under construction across the market.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Sep 30, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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