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Retail tenants hesitant to flee space in Portland, Oregon

Lack of newer, quality assets forces some to stay in place as midyear approaches
CoStar Analytics
May 28, 2025 | 4:54 P.M.

Portland, Oregon’s retail sector fundamentals are in balance. While leasing volume remains steady, the market’s health has been bolstered mostly by fewer and fewer tenants decommitting from space.

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