Q2 2020 Portland Metro Industrial Report

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IndustrialHero
A sale in Clark County accounts for the lion’s share of absorption and new supply, buffering vacancy from increasing above 4.4% despite reduced leasing and investment activity since the end of Q1. Rental rates remained consistent over the quarter, showing level demand for space amid significant new deliveries of 1.5M SF. Intel’s D1X Expansion project continues to drive demand on the Westside, which has nearly 2M SF under construction. Q2 investment activity transacted all over the market with the three deals valued over $10M anchored in Clark County, Wilsonville, and Milwaukie.

PortlandIndustrial

Q2 2020 Portland Metro Industrial Report

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