Intelligence

Regional Summaries

Select a state to view available market snapshots

Portland, OR

Apartment
PortlandÂ’s overall apartment market vacancy rate has run below 5.0% since 2010. The rate for the fourth quarter of 2017 was 4.5%, same as a quarter earlier and down 40 basis points for the year following a 50-basis-points increase in 2016. Rent growth slowed in 2017 but was exceedingly strong otherwise since 2012. At $1,300 and $1,235 per month, respective fourth quarter asking and effective averages for the metro market as a whole were up 3.3% and 2.9% for the year following increases of fully 7.6% and 7.3% in 2016. Gains in 2015 were astonishing at 13.0% and 12.4%. The excess of supply over demand through the first two months of 2018 returned the vacancy rate to 4.9%, the same rate recorded for the end of 2016. Gains of 0.5% and 0.3% are reported for the mean asking and effective rents for the two-month span. VIEW APARTMENT LISTINGS >
Industrial
Portland’s warehouse/distribution sector vacancy rate, declining more or less steadily since 2010, reached a multi-year low of 8.6% at mid-2017. By the end of the year, the rate had increased to 9.3% but was still down 60 basis points for the year as a whole—on the heels of a 110-basis-points decline in 2016. The excess of new supply over net absorption that followed over the first two months of 2018 resulted in a February vacancy rate of 10.1%. Rent growth has been very strong and growing stronger. At $6.48 psf and $6.10 psf, respective asking and effective averages for the fourth quarter represented gains of fully 6.4% and 6.8% for the year after increases of 5.5% and 5.9% in 2016. Gains for the latest quarter alone were 1.6% and 1.8%. Strong gains of 0.9% and 0.8% followed over the next two months. VIEW INDUSTRIAL LISTINGS >
Office
The Portland general purpose, multi-tenant office market vacancy rate closed 2017 at 12.1%, same as a quarter earlier but down 90 basis points for the year following a loss of 20 in 2016. The 75,000 square feet that completed construction over the January-February 2018 period met with net absorption at 36,000 and a 20-basis-points increase in the vacancy rate. Rent growth has remained healthy but slowed somewhat in 2017—and may slow again. At $24.35 psf and $19.43 psf, respective fourth quarter asking and effective averages were up 2.6% and 2.9% for the year following gains of 3.3% and 3.4% in 2016. Increases for the latest quarter alone were 0.4% for both averages. Data for February 2018 indicate gains of 0.2% over the two months since year-end. VIEW OFFICE LISTINGS >
Retail
PortlandÂ’s fourth quarter 2017 community-neighborhood shopping center vacancy rate was low at 7.2%, down 10 basis points for the period and down 50 for the year following a loss of 60 the year before. Sector vacancy remained flat through the first two months of 2018. Rent growth in the local community-neighborhood center sector was slow in 2016 but improved in 2017. At $21.94 psf and $19.13 psf, respective asking and effective average lease rates for the fourth quarter were up 2.3% and 2.5% year-over-year following 2016Â’s gains of 1.3% and 1.5%. Gains for the fourth quarter of 2017 alone were 0.6% and 0.7%. Gains of 0.3% followed for both rates over the first two months of 2018. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, inc.

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

Coldwell Banker Commercial® Blue Book

Coldwell Banker Commercial® Blue Book

The Coldwell Banker Commercial® (CBC) organization is proud to present its’ 2017 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the Coldwell Banker Commercial organization from all over the world.

CBC-affiliated professionals represent one of the largest commercial real estate footprints in the U.S.  The Blue Book brings their local market feedback directly to you with up-to-date commercial real estate research covering 130+ Primary, Secondary, Tertiary & International markets. If you are thinking of investing in alternative markets, the Blue Book is your go-to resource for local commercial real estate market data!

 CBC NRT NNN Investment Report

CBC NRT NNN Investment Report

This is a market report that Coldwell Banker Commercial NRT prepared for the CBC Global Conference. This report provides the 2018 forecast of net-lease properties and details why NNN properties remain well-positioned for continued success and growth in the coming months.

The U.S. Gulf Coast & Its Vital Interstate-10 Corridor

The U.S. Gulf Coast & Its Vital Interstate-10 Corridor

CBC Infographics

Shopping In-store vs. Online Shopping

Shopping In-store vs. Online Shopping

The retail industry is in the midst of epic change and while some predict the end of brick and mortar stores, a recent Coldwell Banker Commercial Affiliates survey conducted online by Harris Poll aimed to explore current shopper preferences and trends to determine the real state of commercial real estate today.

Commercial Real Estate & Technology: The Generational Divide

Commercial Real Estate & Technology: The Generational Divide

Infographic that addresses how each generation sees aspects like the adoption, use and importance of technology. Ultimately, each generations’ concerns come down to the impact that new technology will have on the industry.

The Growing Value of Digital Tools

The Growing Value of Digital Tools

Which digital tools do commercial real estate professionals value most, and what devices are they using to access them, and how are these professionals’ technology habits likely to change in the years to come?

Workers Prefer Dynamic and Efficient Office Space

Workers Prefer Dynamic and Efficient Office Space

As employers seek to define the workplace perks most likely to attract and retain employees, a recent Coldwell Banker Commercial Affiliates survey found that the physical office itself could keep staff happier.

White Papers

 

     

Additional Resources

 

    

 

   

Commercial Real Estate Market Information

Coldwell Banker Commercial has commercial real estate market statistics to help you find out more about your local commercial real estate market. Whether you are looking for commercial real estate market trends or information on a commercial real estate markets size, we have the commercial real estate market reports you need.Get the information you need to make wise commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!