Insights
Oregon
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BACK TO INSIGHTSVACANCY
Distribution / Warehousing
Average Vacancy Rate 7.9%
- Drifted upward by 10 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $6.40
- Up 0.5% from year-end 2018.
- Expected to finish 2019 at.
VACANCY
Apartment
Average Vacancy Rate 5.8%
- Increased by 50 basis points.
- Among the 20 highest vacancies nationally.
- Expected to finish 2020 at 7.7%.
Distribution / Warehousing
Average Vacancy Rate 10.6%
- Drifted upward by 20 basis points.
- Expected to finish 2020 at 11.8%.
Flex / R&D
Average Vacancy Rate 4.7%
- Fourth lowest in the nation and the third lowest in the West.
- No change since Q1 2020.
- Expected to finish 2020 at 6.2%.
Office
Average Vacancy Rate 13.7%
- Ninth lowest in the nation and the third lowest in the West.
- No change since Q1 2020.
- Highest level since year-end 2014.
Retail
Average Vacancy Rate 7.0%
- Eighth lowest in the nation and the sixth lowest in the West.
- Drifted upward by 10 basis points.
- Expected to finish 2020 at 9.8%.
RENT
Apartment
Average Asking Rent $1,389
- Down 1.0% from Q1 2020.
- Expected to finish 2020 at $1,349.
Distribution / Warehousing
Average Asking Rent $6.76
- Up 0.4% from Q1 2020.
- Has risen in every quarter since Q1 2014.
- Expected to finish 2020 at $6.44.
Flex / R&D
Average Asking Rent $10.29
- Down 0.1% from Q1 2020.
- Expected to finish 2020 at $9.76.
Office
Average Asking Rent $25.71
- Flat since Q1 2020.
- Expected to finish 2020 at $25.16.
Retail
Average Asking Rent $22.47
- Down 0.5% from Q1 2020.
- Expected to finish 2020 at $21.00.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 10.1%
- Fell by 80 basis points.
- Expected to finish 2018 at.
RENT
Distribution / Warehousing
Average Asking Rent $4.47
- Up 1.4% from Q2 2018.
- Fastest rate of increase in five quarters.
- Expected to finish 2018 at.