Portland, Oregon is a thriving city with a diverse economy and a strong commercial real estate market. Whether you're looking for office space, retail space, or industrial space, Portland has a variety of options to choose from.
The Portland real estate market is fairly competitive. On average, homes in Portland attract three offers and typically sell within 25 days. Last month, the median sale price for a home in Portland was $499,000, showing a slight decrease of 0.25% from the previous year. Meanwhile, the median sale price per square foot in Portland is now $323, representing a 6.1% increase from last year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Portland boasts a strong and diverse economy, driven by industries such as technology, manufacturing, healthcare, and green energy. The city's business-friendly environment, coupled with a skilled workforce, makes it an attractive location for companies looking to establish or expand their operations. Investing in commercial properties in Portland allows you to tap into this thriving economic landscape, providing potential for steady rental income and long-term capital appreciation.
Portland's strategic location in the Pacific Northwest offers excellent connectivity and access to major markets. The city's well-developed infrastructure, including its extensive public transportation system, major highways, and proximity to the Port of Portland, enhances its appeal as a commercial hub. Investing in commercial properties here can benefit from the ease of logistics, supply chain efficiencies, and the influx of businesses seeking to capitalize on Portland's advantageous position.
Portland is a leader in sustainable urban development and innovative building practices. The city's commitment to environmental stewardship and green building standards attracts businesses and tenants who prioritize sustainability. Investing in commercial properties in Portland allows you to leverage this trend by developing or owning eco-friendly buildings that meet the high demand for sustainable office and retail spaces. This focus on sustainability not only enhances property value but also positions your investment as part of a forward-thinking, environmentally conscious community.
Are you looking to invest in commercial property in vibrant Portland, OR? Whether you’re seeking a new business location or an investment opportunity, our expert team is here to help. We can provide insights on available properties, market trends, and more. Don’t miss the chance to establish your business in one of the Pacific Northwest’s most dynamic cities. Contact us now and start your journey to owning a commercial property in Portland!
A City of Culture, Nature, and Innovation
Discover the magic of Portland, Oregon, a city known for its vibrant culture, stunning natural beauty, and innovative spirit. From its iconic Powell's City of Books bookstore and lush Japanese Garden to its trendy Pearl District and laid-back Sellwood neighborhood, Portland has something to offer everyone.
Outdoor enthusiasts will love Portland's proximity to world-class hiking, biking, and skiing trails. Foodies will delight in the city's diverse culinary scene, which features everything from fresh seafood to international cuisine. And culture vultures will appreciate Portland's vibrant arts and music scenes.
Whether you're looking for a new place to call home or simply planning a visit, Portland is sure to enchant you.
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