Workspace Planning, Design & Support
Creating spaces that support your talent and foster collaboration.
Q1 2021 Hong Kong Market Report
The uptick in economic activity due to stimulus and post-COVID reopening is likely to keep the Portland industrial market very active. For the occupiers/tenants, this means...[Read More]
Over the first quarter of 2021, we have had mixed signs in the Portland metro area. While total lease transactions increased, the average lease size decreased nearly 30%, confirming what we have expected – companies are decreasing their footprint. Overall gross rent decreased 1.15% YoY, however sublease gross rent has increased 6.5% YoY, an indication that more premium sublease space is being delivered to the market.
Before diving into a conversation with a landlord, it’s important to consult with a trusted commercial real estate advisor in order to make certain that your real estate planning is helping to facilitate your business strategy.