Since the end of 2022, Portland’s logistics market has experienced a significant increase in vacancy, rising from 3.6% at the end of that year to approximately 8.5% today, a level not seen since the Great Recession.
CoStar Insight
Vacancy rises in Portland, Oregon’s small-bay logistics segment
Smaller properties in the region have witnessed eroding demand over past three years
By John Gillem
CoStar AnalyticsDecember 8, 2025 | 6:01 P.M.
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IN THIS ARTICLE
- Properties
- GV5
3675 Hogan Dr, Gresham, OR
- Burnt Creek Logistics
5920 162nd Ave, Vancouver, WA