Portland-Area Retail, Industrial Investment Markets Among Top 10 in U.S.

PORTLAND-Portland ranks as one of the top 10 cities in the country for investment in both the retail and industrial real estate segments in 2001, according to a new report by Integra Realty Resources Inc., a national appraisal and real estate consulting firm with offices in Portland and 44 other cities around the nation.

Using growth in value as the factor, the Integra Viewpoint 2001 report ranks Portland as the No. 4 city for investment in retail properties behind Seattle, Houston and San Diego. As for industrial investment, the city ranks No. 10, ahead of such high-growth cities as Atlanta and Los Angeles.

Ironically, the study shows its Portland’s Downtown office market that has seen the most explosive growth in value over the past three years. Between 1997 and 2000, Downtown office values has risen 29%, while suburban office space increased in value by 21%, industrial properties by 23% and retail by 18.8%.