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Portland Office Market Holds Steady

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Posted By Mike Thelin on 07/23/2008

Finally some good news. Our friends at the Daily Journal of Commerce report that Class A vacancy rates are hovering around five percent despite an economy that’s slowed a bit. In any market, five percent is low, and this should bode well for developers of several office projects currently underway in the urban core.

Sam Bennett’s story notes an overall office vacancy rate of about 11 percent region-wide.

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By Rick on Thursday, July 31, 2008 at 10:29AM PDT

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