Wednesday, July 8, 2026
Family Office Briefing on research byKidder Matthews·Jul 19, 2023

Portland Office Market Report - 2nd Quarter 2023

Portland office market faces record high availability at 17.0% in 2Q23 — family offices should consider co-GP strategies with disciplined operators.

OfficePortlandOregon2023

Key Metrics

MetricValue
Direct Vacancy Rate11.6%
Total Availability Rate17.0%
Total SF Leased639K SF
Total SF Sold232K SF
Direct Asking Lease Rate28.68$/SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Portland? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.