1st QTR 2023 vs 1st Qtr 2020 Commercial Space Available by Portland Metro Submarket. Portland Total Space Available Increased by 7 Million Square Feet.

Using Kidder Mathew data I create an Excel file HERE , and embedded below, comparing changes in Portland office submarket office space available in 1st Qtr 2023 vs 1st Qtr 2020.  

Increases

• Kruse way increased by 98% to 27.5% ( Lake Oswego/West Linn decreased by 23% to 8.7%); 
• Downtown increased by 77% to 27.3%.
• Pearl District/Chinatown increased by 123% to 27.6%.
• Lloyd Center increased by 152% to 21.2%.
• Portland total increased by 61% to 16.6% 
• The Portland total increase in space available was more than 7 million sq. ft.

Decreases

There were 11 submarkets where space available decreased. 

Other

The Excel workbook will allow you to make other comparisons and do further analysis. 

Kidder Mathew 1st Qtr. commercial market reports: 

2023: 

2020: 

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