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Portland Office Availability Report November 2020

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Leasing opportunities continue to hit the market across the region. Since mid-October, suburban submarkets have seen a 40.6% increase in the aggregate size of subleases on the market, bringing the total to 355K SF. The CBD and surrounding submarkets still boast more subleases (885K SF), but their monthly increase was substantially lower at 6.5%. While market activity has picked up in the last month, the largest availabilities on the market have not shifted dramatically. The largest new sublease on the market is Comcast’s space at Nimbus Corporate Center, Building 12.


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Portland Office Availability Report November 2020

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