Since coming out of the Great Recession, the Portland/Vancouver Industrial real estate marketplace has grown (net positive absorption) roughly 3M sf per year.  For a 200M sf inventory, that represents a 1.5% annual growth rate in occupied space.  Not the best, but better than many locales.  While this number jumped in the middle of covid as the transition from bricks to clicks was accelerated, we have seen negative absorption in ’23 & ’24 as the market has corrected itself. 

The current federal gift and estate tax exemptions present unique opportunities for clients considering the sale of a business to engage in enhanced planning to minimize future estate taxes and increase the income tax efficiency of the sale process.

As the tax landscape shifts in 2025, organizations planning energy-efficient construction or retrofits must act quickly if they hope to capture long-standing incentives before time runs out. The recent passage of the “One Big Beautiful Bill Act” (OBBBA) introduces a definitive sunset for the Section 179D deduction , creating both urgency and opportunity for building owners, designers, and project teams.