After a cumulative negative 600k SF of net absorption over the first two quarters, we experienced a negative 600k SF of net absorption in the third quarter alone. Put simply, we continue to have more companies moving out of space that moving into space. After a few yea...

Well, net absorption (space leased minus space vacated) is off another 300k SF this quarter, making the total a negative 750k SF absorbed for the first half of the year. Oddly, it still feels strong out there, so I'm going to stick with my estimate of 2.5m SF of absorp...

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We’ve enjoyed strong net absorption of industrial space over the last few years, averaging around 3,000,000 SF in each of the last three years.  Most of this absorption has come from Third Party Logistics Companies (3PL’s) taking down large chunks of space.  However, e...

It is always a challenge to come up with the quarterly title, especially when we are at record levels for duration of recoveries.  We have had growth in the US economy for about a decade now, which can make it tough to come up with a different way to say things are goo...

I was at a recent transportation forum concerning tolling freeways when one of the panelists, the Mayor of Vancouver, humbly referred to Vantucky, a moniker many of us have heard before. As I sat through yet another meeting on the topic of traffic in Portland, I realiz...

The Portland Industrial Real Estate market place took a pause in the 1st Quarter of 2018.  Industrial Net Absorption (space moved into minus space vacated) came in at about zero for the quarter.  And this after 4th Quarter 2017 came in at only 200k sf of net absorption...

The year 2017 finished with another solid performance.  Net Absorption was weaker in the Fourth Quarter, with only 200k sf absorbed, resulting in an annual absorption of around 2 ¾’s M sf.  This is down slightly from the roughly 3M sf absorbed each of the last two year...

We continue to see positive net absorption for Industrial warehouse space across the Greater Portland Marketplace.  3rd Quarter experienced almost 900k sf of absorption, for more than 2.5M sf of absorption through the first three quarters.  This already surpasses my es...

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