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“If they come, they will build it”/986/portland-6-11-18-if-they-come-they-will-build-it<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-compass-plans-architecture.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/986/portland-6-11-18-if-they-come-they-will-build-it“If they come, they will build it”Substantial in-migration, strong job growth, soaring rent and house prices, and now Inclusionary Zoning has contributed to a surge in multifamily development in Portland.
Watch this submarket - 217 Corridor/Beaverton set for strong growth /969/portland-6-4-18-217-corridor-beaverton<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-office-birdseye-view.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/969/portland-6-4-18-217-corridor-beavertonWatch this submarket - 217 Corridor/Beaverton set for strong growth The 217 Corridor/Beaverton submarket has been stagnant for the past several years and the closure of Capital One’s call center in 2015 led to a bump in vacancy, which has since stabilized at 15.1 percent.
Sunset Corridor flex continues to outperform/954/portland-5-29-18-sunset-corridor<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-warehouse-boxes.png?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/954/portland-5-29-18-sunset-corridorSunset Corridor flex continues to outperformHome to two of the metro’s largest employers, Intel and Nike, the Sunset Corridor is Portland’s premier flex submarket and makes up nearly 45 percent of Portland’s total flex market.
Portland’s refreshed skyline/939/portland-5-21-18-refreshed-skyline<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-modern-office.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/939/portland-5-21-18-refreshed-skylinePortland’s refreshed skyline​As recently as 2015, Portland was the tale of two Skylines with one set of buildings achieving top market rents, capturing market share and enjoying very low vacancies, while the other set was lagging behind.
Portland home price increases are slowing but new homes still in short supply/919/portland-5-14-18-home-prices-increases-slowing<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/residential-single-family-home.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/919/portland-5-14-18-home-prices-increases-slowingPortland home price increases are slowing but new homes still in short supplyPortland single family home prices rose 6.7 percent year-over-year in February, the slowest rise since October 2014.
Eastside tests CBD, scoring Portland’s new high-water mark office sale/908/portland-5-7-18-eastside-tests-cbd<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/buildings-empty-office-glass-doors.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/908/portland-5-7-18-eastside-tests-cbdEastside tests CBD, scoring Portland’s new high-water mark office saleA new office per-square-foot high-water mark has been set in Portland. The Close in Eastside registered the new all-time record with the sale of the recently renovated Towne Storage building.