• The overall vacancy rate for Portland office was stable even with new construction delivering emphasizing the position of the market and continuous demand for space. 
  • The bulk of the vacancy decrease was due to deals signed in the Eastside submarket, contributing to the  151,427 sq. ft. of positive net absorption.
  • The market delivered two projects in Q2 2018. The 165,65-sq.-ft. Field Office project and the 60,152-sq.-ft. Heartline building. Both projects were located in the Northwest submarket and were 50% preleased.