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Industrial and warehouse spaces in Portland are essential for the city’s role as a logistics and manufacturing hub. Lease terms for industrial and warehouse spaces in Portland reflect a balanced approach, with 3-5 year leases being the most common at 39.04%. Medium-term leases (1-2 years) account for 27.09%, while long-term leases of 5+ years make up 15.94%. Short-term leases of less than one year account for 11.16%, indicating that some businesses prioritize flexibility while others seek longer commitments for operational stability. Areas like the Rivergate Industrial District and Swan Island are crucial for businesses requiring warehousing and logistical connectivity. As e-commerce continues to drive demand for distribution facilities, Portland’s industrial zones are positioned for sustained growth.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Beaverton | 13,000 | $1.03 / SF | < 30 |
Bradley Corner | 13,000 | $1.08 / SF | < 30 |
Buckman Neighborhood | 4,600 | $1.23 / SF | < 30 |
Downtown Portland | - | - | < 30 |
Gresham | 4,100 | $1.25 / SF | < 30 |
Happy Valley | - | - | < 30 |
Hawthorne | 6,400 | $0.48 / SF | < 30 |
Hillsboro | 4,100 | $1.74 / SF | < 30 |
Milwaukie | 3,600 | $2.00 / SF | < 30 |
Northwest District | 2,100 | $0.86 / SF | < 30 |
Oregon City | 6,200 | - | < 30 |
Pearl District | - | - | < 30 |
Portland International Airport | 3,800 | $0.99 / SF | 57 |
Progess | 13,000 | $1.08 / SF | < 30 |
Sunnyside | 13,000 | - | < 30 |
Tigard | 5,700 | $0.95 / SF | < 30 |