Portland Industrial Market Overview_Q1 2021

LEASE RATES

PORTLAND PORTAL I I Spicers 49,480/3,487 Office $0.54/$0.95 64 Months 10/2019 185TH INDUSTRIAL CTR Celestica 52,170/1,884 Office $0.51/$0.95 79 Months 9/2019

BLUE LAKE CORPORATE PARK Scott’s/Hawthorne Hydroponics 378,000 SF/9,500 SF ofc. $0.545/$0.95 65 Months 09/2020 PORTLAND PORTAL II TGR Logistics 38,000/1,000 Office $0.54/$0.95 63 Months 05/2020 THE HOME DEPOT 156,900/4,300 Office $0.58/$0.95 122 Months 10/2019

CENTENNIAL INDUSTRIAL PARK

BLUE LAKE CORPORATE PARK 85,500 SF $0.58/$0.95 PORTLAND PORTAL II 80,170 SF $0.55/$0.95 Available

Hawthorne Hydroponics 124,768 SF / 2,000 SF ofc. $0.48/$0.85 60 Months 07/2018 COLUMBIA BUSINESS CENTER Applied Plant Sciences 46,057/870 Office $0.57/$0.85 62 Months 10/2020

SANDY INDUSTRIAL PARK 110,525 SF $0.58/$0.95 Available

E POINT I-5 SF

Airport Way

$0.95 Construction

East Columbia Corridor

CLACKAMAS CORPORATE PARK Core-Mark 243,008/13,000 Office $0.54/$0.95 147 Months (3 free) 02/2020 SAFEWAY DISTRIBUTION CENTER Calavo 134,692/8,000 Office $0.78 Blended 183 Months 10/2019

GLISAN CORPORATE PARK 146,000 SF $0.58/$0.90 Available

BIRTCHER CENTER WalMart 76,491/1,989 Office $0.58/$0.95 37 Month 01/2020 THE CUBES C&S Wholesale 349,080/20,000 Office $0.54/$0.90 120 Months 12/2019 CHEP 164,100/3,000 Office $0.50/$0.90 62 Months (2 free) 05/2019

VISTA LOGISTICS PARK Hydrofarm 98,482/3,036 ofc $0.54/$0.95 64 Months 8/2020 Imperial Brown 113,144/8,000 office $0.51/$0.90 126 Months (6 free) 05/2019 Samuel & Sons 125,624/7,487 Office $0.52/$0.90 125 Months (5 Free) 7/2019

Clackamas

VISTA LOGISTICS PARK Fully 948,481/2,000 Office $0.50/$0.95 6 Months 1/2020

CLACKAMAS CORP PARK 35,992 SF $0.62/$1.00

cushmanwakefield.com 21