Portland, Oregon's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
A new scholarship program with Portland State University's Center for Real Estate in the Schools of Business and Urban Studies and Planning will be provided in part by the SIOR Oregon chapter.
It is no wonder that Portland is attracting better-educated talent and is unique in its ability to bring in young, skilled households, ranking above higher-paying metros with a major research university.
Inventory continues to rise significantly this year with more than 550,000 square feet of construction delivered in the second quarter, to be followed by another half a million square feet for the balance of 2018.
Graduate is a curated collection of hotels that reside in some of the most well-known university towns across the country, such as the latest at the University of Oregon, backed by AJ Capital Partners.
The retirement and downsizing of Baby Boomers coupled with the continued emergence of Millennials will support the need for self-storage space in the coming years, providing a positive long-term tailwind.
Booming healthcare and technology sectors are bolstering demand for office space throughout the market, keeping vacancy tight, with companies including Amazon and Google expanding footprints.
The United States will play an important role in the growth of crowdfunding, estimated to be approximately 30%, followed by Asia-Pacific, especially China, occupying more market share in the future.
The sponsor, a local family which has owned the property for nearly 50 years, completed a master plan in 2014 that called for the removal of RV tenants in order to completely transform the property into a tiny home community.