East Columbia Corridor

Portland - OR USA - Industrial Submarket

Industrial real estate intelligence for the East Columbia Corridor submarket. 32.0M SF of inventory with 8.6% vacancy. Data sourced from various MLS platforms.

32.0MSF

Inventory

3.9MSF

Available

8.6%

Vacancy

12.2%

Availability Rate

$11.23

Asking Rent

2.9%

Rent Growth

-13,316SF

12mo Absorption

49KSF

Under Construction

Market Metrics

12mo Delivered

24K SF

Under Constr % of Inv

0.2%%

Sale Price/SF

$183

Cap Rate

6.4%%

12mo Sales Volume

$236,966,392

Sales Vol Growth

736.8%

Asset Value

$5,868,959,300

Net Absorption

-13,316 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Skybox Austin	-	141,000	Buyer 1 GI Partners \| Buyer 2 Skybox Datacenters
Anderson Bldg	$4.5M	47,350	Gregory Realty GP
Flexential Portland Hillsboro 1 - Bldg D	$13.3M	44,795	Flexential
Flexential Portland Hillsboro 1 - Bldg C	$9.9M	40,205	Flexential
Flexential Portland Hillsboro 1 - Bldg B	$8.8M	56,924	Flexential

Available DC Space in Market

Property	Avail SF	Rent	Owner
31 Farinella Dr	48,235	$12.40 - 15.16 (Est.)	New Vernon Equities
402 S 29th St	10,000	$28.00	Amanda Kay Childers
3410 Alta Ct	150,000	$7.50	Tyler Marks
115 Bi-County Blvd	5,050	$16.50	Aresco Management
2149 Queens Chapel Rd NE	15,086	$11.00	Ali Hassani

Data Centre Development Potential

High vacancy (8.6%) in East Columbia Corridor may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 49K SF indicates developer confidence in the submarket. Negative absorption of 13K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.