Portland Commercial Real Estate Broker
Matt Lyman, Vice President at Norris & Stevens
Industrial · Office · Retail · Flex · Land
Matt Lyman delivers Portland commercial real estate, sales, and tenant representation across industrial, office, retail, and flex - using a data-driven Best-Price Strategy & Roadmap to position assets, secure renewals, and execute site selections across Oregon and Washington.
The right broker changes the outcome — shorter vacancy, stronger lease terms, a better sale price, a smarter site selection. With 17 years in the Portland market and a full-service platform at Norris & Stevens covering industrial, office, retail, and flex, the work here is built around one thing: putting you in a better position than you'd be in without representation.
For Landlords and Owners
Faster lease-up, stronger tenant quality, and defensible pricing. Matt handles lease-up strategy, tenant vetting, concession positioning, and property valuations across industrial and office assets throughout the Portland metro.
That means building a marketing strategy before a vacancy hits, qualifying tenants against your financial criteria, structuring concession packages that protect your effective rate, and negotiating lease terms that hold up at renewal. Every listing starts with a competitive market analysis — comparable rents, vacancy in the submarket, recent lease comps — so the asking rate reflects what the market will actually bear.
For Buyers and Investors
Informed acquisition decisions backed by comp data, not assumptions. Matt provides acquisition support, due diligence coordination, underwriting review, and market positioning for buyers and sellers of commercial assets across property types.
That includes pulling comparable sales, analyzing cap rates and price-per-square-foot benchmarks, coordinating inspections and environmental reviews, and building a clear picture of what a property is worth before you make an offer — or before you list. For sellers, the work starts with a broker opinion of value and a disposition strategy that accounts for current market conditions, buyer demand by property type, and realistic timeline to close.
For Tenants
Lower occupancy cost, better terms, and a clear picture of the market before you commit. Matt runs site selection, market surveys, lease negotiation, renewal strategy, and lease rate analysis for companies leasing industrial, office, retail, or flex space in Oregon and Southwest Washington.
Whether you're relocating, expanding, downsizing, or renewing in place, the process starts with understanding what you actually need — not just square footage, but access, infrastructure, lease structure, and total occupancy cost. From there, Matt surveys the market, identifies options that fit, and negotiates the deal with full visibility into what other tenants are paying in the same submarket. No guesswork, no overpaying.
Coverage Area
The Portland metro covers a lot of ground, and deal terms shift meaningfully from one submarket to the next. Matt works across the full geography — Airport Way and the Columbia Corridor, the Central Eastside, NW Portland, Swan Island, Clackamas, Gresham, the 217 Corridor (Beaverton, Tigard, Tualatin), Hillsboro and the Sunset Corridor, Kruse Way and Lake Oswego, Wilsonville, and Southwest Washington including Vancouver.
WHAT’S YOUR PROPERTY WORTH?
Whether you're benchmarking against recent sales, evaluating a hold-vs-sell decision, or preparing for a refinance conversation, a broker opinion of value gives you a clear, comp-based pricing range for your commercial property.
The report covers comparable sales and lease comps, current vacancy and absorption trends in your submarket, a pricing summary with conservative, probable, and optimistic values, and a recommendation on timing and strategy. It takes into account property condition, lease-in-place income, zoning, and how your asset stacks up against what's currently on the market. No cost, no obligation.
ARE YOU PAYING THE RIGHT LEASE RATE?
Whether you're negotiating a new lease, approaching a renewal, or evaluating whether your current rate reflects today's market, a lease rate analysis gives you the data to negotiate from a position of strength.
The analysis pulls recent lease comps for your submarket and property type, breaks down concession packages (free rent, TI allowances, escalation structures), and benchmarks your rate against what other tenants are actually paying — not asking rates, but executed deals. It covers industrial, office, retail, and flex across every Portland metro submarket, so you know exactly where you stand before you sign or renew.
TESTIMONIALS
“If you need a commercial broker dedicated to owners and clients, look no further than Matt Lyman.”
— Xperience Inc.
“The professional approach and excellent communication were greatly appreciated and delivered a great result in the sale of our property.”
— China Crest Properties
“Matt kept in constant communication and managed the conversations with all parties incredibly well.”
— Driven Enterprise LLC
“Matt Lyman was very responsive and made all 3 of our transactions very quick and easy.”
— New Dream Inc.
ABOUT MATT LYMAN
Matt Lyman is a Vice President of Commercial Properties at Norris & Stevens and a licensed Principal Broker in Oregon and Washington — the highest broker license tier in each state. Over 17 years and more than 100 closed transactions, he has built a practice around the small-balance, owner-user commercial real estate segment that national firms overlook.
His client list includes Amazon, the U.S. Army Corps of Engineers, Keller Williams, Lithium Technologies, and Related — spanning industrial lease-up, office tenant representation, investment sales, and land dispositions across the Portland metro and Southwest Washington. Matt is a four-time CoStar Power Broker, recognized annually from the industry's most authoritative deal database for closed transaction volume.
Matt holds a B.A. in Finance and Investments from Washington College and is an Eagle Scout.
PORTLAND SUBMARKETS
Portland's commercial real estate market doesn't move as one. Vacancy, rents, parking economics, and deal terms vary significantly by submarket and property type — what's true in the CBD isn't true in Hillsboro, what works for a distribution tenant on Airport Way doesn't apply to a creative office user in the Central Eastside, and retail and flex dynamics follow their own logic entirely.
The submarkets page breaks down each major district in the Portland metro: what drives pricing, what tenants and users fit where, how lease structures differ, and what deal terms are realistic right now. Whether you're evaluating a renewal, a new lease, or an acquisition, start with the submarket that covers your area.
NEWS
GET IN TOUCH
Contact Matt Lyman at Norris & Stevens about any Portland commercial real estate need—leasing, renewals, relocations, site selection, lease-up strategy, tenant/landlord representation, acquisitions, dispositions, or a quick market opinion.
Share your property type, size, location/submarket, timing, and what decision you’re trying to make, and Matt will follow up with clear next steps and relevant market context.
Coverage includes industrial, office, retail, and flex across the Portland metro—217 Corridor (Beaverton/Tigard/Tualatin), Central Eastside, Airport Way/Columbia Corridor, Clackamas, and Vancouver, WA.
AFFILIATIONS
