Uploaded on Feb 5, 2020
Portland's commercial real estate market is evolving. As of January 2020 there are 30 cranes in the skyline and 18.9M square feet under construction. Here is a brief overview of what is happening in the office and industrial markets. This presentation was from Cresa's Portland State of the Market event on January 30, 2020. Enjoy!
Portland Real Estate Market 2020 Outlook
SINCE 2010
SINCE 2010
(Forrester Research)
Michael Whitten
Sean Heaton
Josh Haynes
CBD Office $/SF 48.2% Increase Since 2010
Central Eastside Downtown Downtown Downtown
2020 2019 2020 2020
Portland
Hillsboro Wilsonville Gresham Beaverton
165,995 RSF 190,825 RSF 150,000 RSF 90,778 RSF 163,000 RSF
120,400 RSF 68,646 RSF
80,000 RSF 140,000 RSF
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