πŸ‡ΊπŸ‡ΈNorth America

Portland / Hillsboro

Low-cost hydroelectric power and favourable climate make this a sustainable data centre market.

580MW

Total Capacity

42

Active Facilities

6.2%

Vacancy Rate

$0.048/kWh

Power Cost

700MW

Pipeline

6/10

Regulatory Risk

$200K/acre

Land Cost

16mo

Permit Timeline

Capacity Growth Trend

+700 MW pipeline

Market Highlights

  • Cheapest power among major US markets
  • High renewable energy mix (hydro)
  • Apple, Google, and Facebook campuses

72%

Renewable Energy

120 MW

Annual Absorption

Market Risk Factors

High VacancyVacancy rate of 6.2% may indicate oversupply risk

Key Providers

FlexentialStackDigital RealtyCloudHQEdgeConneX

Top Facilities (10 tracked)

Facility
DLR Portland
NTT Hillsboro
Stack Portland
EdgeConneX Portland
Lumen Portland
TierPoint Portland
Compass Portland
T5 Portland
Zayo Portland
OVH HIL1

View all 1,138 facilities in our global directory.

CoStar Market Data

Recent Sales (5 in market)

PropertyPriceSFDate
Flexential Portland Hillsboro 1 - Bldg D$13.3M44,79509/02/2025
Flexential Portland Hillsboro 1 - Bldg C$9.9M40,20509/02/2025
Flexential Portland Hillsboro 1 - Bldg B$8.8M56,92409/02/2025
Flexential Portland Hillsboro 1 - Bldg A$6.4M27,68609/02/2025
Oracle Data Center & Testing Facility$31.8M90,79201/08/2024
View all 489 sales comps β†’

Available Space (2 properties)

PropertyAvail SFRentOwner
Building A2,861$11.50 - 14.05 (Est.)Schnitzer Properties Management, LLC
Building B7,018$9.26 - 11.31 (Est.)Schnitzer Properties Management, LLC
View all 203 available properties β†’

Interested in Portland / Hillsboro?

Luke Tatman and our advisory team provide market-specific intelligence, site selection support, and transaction guidance.

Talk to Luke β†’