Cresa’s presence in Portland dates back over 25 years, exclusively serving and advising small, medium, and large users of commercial real estate. We advocate solely for the occupier. Period.
We provide tailored, integrated corporate real estate solutions to a diverse set of industries, including financial services, technology, manufacturing and healthcare sectors among many others. Our deep and uncompromising commitment to client services always guides our motto to “Do the Right Thing!” We continue to be trusted partners to small business owners and corporate users alike.
With the continuation of negative absorption for the year (-470k), continued increased sublease space (2.3 M SF) and the continued challenges of Portland’s recovery, there’s good reason to be a Grinch at year end. Shadow vacancy is still likely near 40%, while the numbers have the vacancy rate hovering in the mid-high 20%. In the midst of the vacancy, we are all eagerly awaiting the completions of...[Read More]
Q3 2022 - Portland Industrial Market Report
Portland Industrial Newsletter: Portland office summary for real estate trends, economic trends, and related news
Q3 2022 - Portland Office Market Report
While the Portland metro is still trying to claw its way out of the doldrums of the pandemic, we’re now being hit with economic headwinds of inflation, lack of market demands, and continued uncertainty plaguing the 3rd quarter. Amidst the direct vacancy that continues to climb...[Read more]
Cresa Portland Participates in 'Mother of All Relays'
Costar Article: A team representing Cresa Portland participated in the Providence Health & Services Hood To Coast Relay that started at the top of Mount Hood and ended along the beaches of the Pacific Ocean. Team members each completed 4- to 8-mile legs along the 198-mile course.
Q2 2022 - Portland Office Market Report
The Portland Metro remained sluggish in Q2 2022, coming off the heels of a slow Q1, with the continued challenges of Covid-19. Some submarkets, namely downtown Portland, continued to experience a significant increase in vacancy and negative net absorption, for the 10th straight quarter. We are still seeing tenants with impending lease expirations...[Read More]
Q1 2022 - Portland Office Market Report
Portland office demand remains shaky as the hybrid office trend continues to unfold. Overall leasing activity has picked up significantly and amounted to 4,516,870 SF leased over the last four quarters, a 52% increase from the previous four quarters (2,980,013 SF). There have also been some notable leases signed across the market, including... [Read more]
Monique Claiborne, CEO of Greater Portland Inc., On How Downtown Portland Will Evolve For The New World of Work
Monique Claiborne, CEO of Greater Portland Inc. (GPI), joins host Blake St. Onge, Managing Principal for Cresa, on the Think Beyond Space Podcast to discuss the mission of GPI and how the downtowns of the future will integrate the new world of work.
Empowering Frontline Workers with Human Centered Technology
In this episode of Think Beyond Space Podcast, Blake sits down with Andrew Chrostowski, the CEO & Chairman of wearable technologies company RealWear. Blake joins Andrew at their corporate offices at historic Fort Vancouver and they discuss the origins of the company, transforming work for frontline workers, and dive deep into their flagship product, the Navigator 500.
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Portland, OR1355 NW Everett St
Portland, OR 97209