Industrial - First Quarter 2009
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Industrial - First Quarter 2009
Report Summary
 
    The Portland-Vancouver industrial real estate market contracted considerably during the first quarter of 2009, posting a severe drop in net absorption and a sizeable increasein vacancy compared with the previous quarter. Although Portland demonstrated relative resilience in the quarters leading up to 2009, the notable weaknesses recorded during this quarter affi rm that Portland’s industrial real estate market is not immune to the global economic forces at play. Over the next several quarters, we anticipate Oregon industrial real estate to be heavily impacted by the ongoing global recession.

Contact Crispin Argento at 503.499.0052 for more information.

Q1 2009 Industrial Market Report_email.pdf
ATTB0YU3.pdf

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