Portland Industrial Market Overview_Q1 2021

KEY STATS PORTLAND INDUSTRIAL

VACANCY Q1 2021

3.8%

3.3%* *Adjusted vacancy

WAREHOUSE / DISTRIBUTION

TOTAL INDUSTRIAL (FLEX INCLUDED)

+60 BPS YOY

+40 BPS YOY

RENTAL RATES Q1 2021

$0.67 WAREHOUSE / DISTRIBUTION

2.8% INCREASE YOY $0.73 TOTAL INDUSTRIAL (FLEX INCLUDED)

4.7% INCREASE YOY

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