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Concessions are increasing – eating into landlord net effective rents/544/portland-12-11-17<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-blue-sky-office-exterior.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/544/portland-12-11-17Concessions are increasing – eating into landlord net effective rents​Between 2015 and 2016 Portland landlord net effective rents (landlord net effective rents include TI’s and free rent as part of calculation) climbed 18.9 percent while average asking rents climbed 7.9 percent, highlighting a landlord favorable market.
TI allowances increasing, up more than 20 percent since 2015/524/portland-12-4-17-ti-allowances-increasing<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-site-cranes.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/524/portland-12-4-17-ti-allowances-increasingTI allowances increasing, up more than 20 percent since 2015Office construction has ramped up significantly in 2016 and 2017, reaching a cyclical high of nearly 2 million square feet in Q2 of 2017, prompting a surge in employment within the construction sector.
Portland’s rising cost of construction/503/portland-11-27-17-rising-cost-of-construction<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-site-cranes-clouds.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/503/portland-11-27-17-rising-cost-of-constructionPortland’s rising cost of construction​In October we put together a snapshot of the leading sectors pushing Portland’s employment growth.
E-commerce disrupts Portland industrial market/489/portland-11-13-17-e-commerce-disruption<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/retail-ecommerce-keyboard.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/489/portland-11-13-17-e-commerce-disruptionE-commerce disrupts Portland industrial market​Demand from e-commerce retailers has reached fever pitch in Portland.
Portland a good bet for investors in 2018/463/portland-11-6-17-good-bet-for-investors<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/abstract-red-panel.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/463/portland-11-6-17-good-bet-for-investorsPortland a good bet for investors in 2018With historically low interest rates and frothy pricing in primary markets, investors have firmly set their sights on outperforming secondary markets.
Bridge Town Ranked 2017’s best place for business and careers by Forbes. /446/portland-10-30-2017-best-for-business-and-careers<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/Portland-10-30-2017-Best-for-business-and-careers.png?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/446/portland-10-30-2017-best-for-business-and-careersBridge Town Ranked 2017’s best place for business and careers by Forbes. ​Portland has been ranked #1 by Forbes in its annual analysis of Best Places for Business and Careers 2017.