Q2 2020 - Portland mid-year Market Report

Portland Industrial & Flex Market: Occupier's Perspective
  • COVID has boosted certain industrial sectors, such as ecommerce, pharma, sanitation, and construction/facilities.
  • Landlords are generally anxious to make deals, but not willing to give up on rent and concessions. These will remain limited until there is a more sustained or significant rise in vacancy or decrease in demand.
  • Low interest rates and PPE funds are spurring more companies to consider purchasing industrial facilities instead of leasing.