Portland Vacancy Rate 2024. Portland's central business district ended 2023 with the highest vacancy rate of any downtown office market in the entire country at. The greater portland office market added more than 893,000 square feet of vacant space through negative net absorption in the first quarter of 2024, pushing the overall vacancy rate to 22.5%.
The portland metro area is grappling with unprecedented challenges in its commercial real estate market, as vacancy and. Geo resource failed to load.
It’s A Drum Portlanders, Local.
Real estate market experts reported that portland’s central city had the highest vacancy rate for office space at the end of 2023 compared to other.
Looking At The Market Stats On A More Granular Level, Data Shows That The Lowest Office Vacancy Rate In.
Downtown portland’s office vacancy rate edged upward in the third quarter to surpass 26%, according to cbre.
The Office Vacancy Rate In Portland’s Central Business District, Which Includes Downtown, Old Town And The Pearl District, Had Reached 30.2% By The End Of.
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According To A Report, Office Vacancy In Downtown Portland Topped 27% In The Fourth Quarter Of 2022, A 1% Increase Over The Third Quarter.
She said in 2018 and 2019, southwest.
Portland's Central Business District Sees 30% Vacancy Rates In Office Space.
Portland, oregon — portland’s central business district ended 2023 with the highest vacancy rate of any downtown office.
Portland's Central Business District Ended 2023 With The Highest Vacancy Rate Of Any Downtown Office Market In The Entire Country At.