Portland office vacancy remains one of the lowest in the country

Portland office vacancy remains low, the 5th lowest in the U.S.  Following the national trend, Portland’s development pipeline is trending down with 1.7 Million square feet currently under construction.

After a flat first half of the year, net absorption bounced back in Q3, registering over 300,000 square feet of total occupancy gains.  Stay tuned for Portland’s Q3 2017 office outlook report delivering next week.