Report | Portland Tech Office Outlook - 2015
Developers are stepping up to the plate to fill the needs of Portland office tenants, who have to deal with historic low vacancy rates. 1.5 million square feet of new space is set to come online in the next six to 18 months.
Tech companies willing to plan early will have the opportunity to secure large blocks of space in these new, amenity-rich buildings.
A relatively low cost of doing business and an educated workforce are making the city an attractive option for growing tech firms and start-ups alike. However, homegrown, established companies are experiencing a bit of shock as the market's popularity grows and rental rates increase.
Learn more about current market conditions across Portland—and how we expect them to shift in the coming months—specifically as they relate to the tech industry. Hear the local market perspective directly from a JLL professional.
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