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Al Kennedy | Colliers | Portland

Al Kennedy

First Vice President

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About

Professional Summary

Al has worked in the commercial real estate industry since 2012, focusing his career on office brokerage. Al has experience in successfully working with all types of ownership profiles from local private ownership to some of the world’s largest institutional owners.

Al has extensive experience with both tenant and landlord leasing. Over the last ten years he has represented many ownership groups across different product types, focused market-wide; close-in Portland and suburban office product as well.

In his ten-year career as an office broker in Portland, Oregon, Al has successfully worked on strategic repositioning of Class A towers, historic redevelopments as well as suburban office parks. Al has been involved in some of the highest profile lease transactions during that time in the marketplace; most notably, in 2017, Al successfully pre-leased a 180,000 SF office development in downtown Portland to a single tenant user before construction of the project broke ground.

Al has the ability to understand a deal from both the tenant and landlord perspectives and identifies what it takes to navigate and successfully negotiate deals, delivering top results for his clients.

Education

BA, International Relations - University of Boulder

Memberships & Involvements

  • NAIOP Oregon Board Member, 2018, 2019
  • Board Chair, NAIOP Developing Leaders, 2016 & 2017

Services

Property Type

Office

My Team

Featured Research

Apr 11, 2022

2022 Q1 Portland Metro Office Market Report

The start of the new year brought minor change to Portland office market fundamentals. Most notable is the confluence of rents in the CBD and Portland’s suburbs with the delta between asking rents in the two market sectors being $0.66 for Class A product and only $0.22 across all building classes. Market-wide vacancy saw a 2.3% uptick year-over-year, from 14.6% in Q1 2021 to 16.9% this quarter.
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