Portland becoming top retail real estate market

| Print |  Email
Must Reads
Tuesday, February 14, 2012

Falling vacancy and job gains are pushing Portland into one of the top retail real estate markets nationwide, according to commercial real estate firm Marcus & Millichap.

 

In an index that covers 44 metro areas across the country, Portland rose from No. 13 in 2011 to No. 6 in 2012. The firm predicts rent hikes in high-traffic urban districts as vacancy declines.
The firm says Portland also showed strength in retail sales and the growth in high-tech manufacturing jobs, good news for retail tenants -- and their landlords. Intel's new factory in Hillsboro contributed to the strong showing, though it's not expected to open until 2013.

Read more at OregonLive.com.

{biztweet}portland real estate{/biztweet}

 

 

 

More Articles

Store Bought

July/August 2015
Friday, July 10, 2015
BY LINDA BAKER

Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.


Read more...

Light Reading

September 2015
Thursday, August 20, 2015
BY JACOB PALMER

Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.


Read more...

House of Clarity

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Holding a Power Lunch at Veritable Quandary in downtown Portland.


Read more...

Unshakable

September 2015
Wednesday, August 19, 2015
BY BRIAN LIBBY

Ben Kaiser holds his ground.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Living the dream

News
Friday, August 21, 2015

smugglespearsthumbRenee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.


Read more...

Baby. Boom!

September 2015
Wednesday, August 26, 2015
BY LINDA BAKER

A new co-working model disrupts office sharing, child care and work-life balance as we know it.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS