NEWS
Portland commercial real estate updates from Matt Lyman—clear, data-driven takes on the market across industrial, office, retail, and flex. Posts cover submarket shifts, rent and pricing trends, vacancy and absorption, new deliveries and lease-up momentum, availability highlights, capital markets and buyer sentiment, and notable transactions when relevant. You’ll also find practical guidance on renewals, relocations, lease negotiations, and value drivers that matter to owners, tenants, and investors—written to help you make better decisions and move faster in a changing market.
Small-Box Office Spaces Are Outperforming Mega-Towers in Portland
Small-box office spaces under 10,000 sq. ft. are outperforming towers in Portland 2026. Learn why tenants prefer right-sized floor plates in today’s hybrid market.
Oregon’s 2026 Tax Disconnect: Bonus Depreciation Changes
Oregon disallows 100% bonus depreciation in 2026. Learn how SB 1507 impacts your commercial property upgrades and deductions.
Creative Flex Space in Central Eastside Portland: Why Makers Are the New Anchors
Why creative flex space in Portland’s Central Eastside matters. Analyze demand, economics, and why makers are now anchor tenants driving development.
Hillsboro Data Centers: Industrial Land and Real Estate in 2026
Hillsboro’s data center boom is reshaping the Sunset Corridor’s industrial real estate market. Here’s what property owners and tenants need to know in 2026.
The 82nd Avenue TIF District: Mapping Tax Increment Financing’s Impact on East Portland Retail
How Portland’s 82nd Avenue TIF district is reshaping East Portland commercial real estate. Development timeline, governance, and investment opportunities.
Cold Storage Industrial Space Portland: Supply, Demand, and Last-Mile Realities
Critical shortage of temperature-controlled industrial space near Airport Way. Cold storage capacity oversupply driven by last-mile logistics demand shifts in Portland.
Suburban Office Space Portland: Why Kruse Way and Sunset Corridor Are Outperforming Downtown
Why Kruse Way and Sunset Corridor remain Portland’s most stable office markets. Data-driven analysis of suburban vacancy trends and tenant demand in 2026.
The Central City Code Amendments: Unlocking Downtown Portland’s Next Phase
Portland’s Central City Code Amendments remove zoning barriers to downtown housing and mixed-use development. What property owners need to know about 2026 changes.
Buying vs. Leasing Commercial Property in Portland
Compare buying vs leasing commercial property in Portland. Real numbers on costs, equity, flexibility, and tax benefits for Oregon business owners.
Portland Commercial Lease Checklist: 10 Items to Negotiate in 2026
Essential commercial lease checklist for Portland tenants. Learn the 10 critical items to negotiate before signing in 2026, including rent, CAM, and termination clauses.
Off-Market Commercial Real Estate in Portland
How to find off-market commercial real estate deals in Portland. Learn why the best CRE opportunities bypass LoopNet and how broker networks access private deal flow.
Hillsboro and Sunset Corridor Commercial Real Estate: What Tenants and Investors Need to Know in 2026
Hillsboro and Sunset Corridor commercial real estate guide for 2026. Industrial, flex, office, and data center market data, lease rates, and investment trends.
How Much Does Commercial Space Cost in Portland in 2026?
Portland commercial lease rates by property type in 2026. Office, industrial, retail, and flex space costs per square foot with submarket breakdowns.
Portland Vacancy Tax: What Commercial Property Owners Need to Know
Portland City Council is studying a vacancy fee on commercial and residential property. What it could mean for landlords, investors, and tenants in 2026.
Environmental Due Diligence in Portland Commercial Real Estate: Phase I and Phase II ESA Guide
Environmental due diligence for Portland commercial real estate. Learn Phase I and Phase II ESA costs, timelines, and Oregon DEQ requirements before you buy.
Portland Zoning and Land Use Guide for Commercial Real Estate
Portland commercial zoning explained. Learn CM, CX, EG1, EG2 zones, permitted uses, and how zoning affects your commercial property search or investment.
Commercial Real Estate Financing in Portland: A Guide for Investors and Owner-Occupants
Commercial real estate financing options in Portland Oregon. Compare conventional loans, SBA 504, bridge lending, and CMBS rates for investors and owner-occupants in 2026.
Commercial Property Taxes in Portland Oregon: What Owners and Investors Need to Know
How commercial property taxes work in Portland, Oregon. Measure 50, assessed vs. market value, tax rates by county, and what owners and investors need to know in 2026.
1031 Exchange in Portland: What Commercial Real Estate Investors Need to Know
How 1031 exchanges work for Portland commercial real estate investors. Timelines, Oregon-specific rules, qualifying properties, and strategies for tax-deferred exchanges in 2026.
Office-to-Residential Conversion in Portland: What It Means for Commercial Real Estate
Portland is pushing to convert vacant office buildings into housing. Here is what building owners, investors, and tenants need to know about feasibility, costs, and the programs funding it.
WHAT’S YOUR PROPERTY WORTH?
Whether you're benchmarking against recent warehouse and distribution 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 Airport Way or Columbia Corridor industrial property. I'll deliver a 50–80+ page report covering comparable sales, lease comps, vacancy analytics, and a pricing summary with conservative, probable, and optimistic values — at no cost and no obligation.
ARE YOU PAYING THE RIGHT LEASE RATE?
Whether you're negotiating a new warehouse lease, approaching a renewal in the Columbia Corridor, 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. I'll pull recent lease comps, concession packages, and vacancy trends for Airport Way and Columbia Corridor industrial space — so you know exactly what tenants like you are paying and where there's room to negotiate.
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.