Why Choose Portland

INDUSTRIAL SPACE FOR LEASE IN PORTLAND

Discover a diverse selection of industrial spaces for lease in Portland, offering flexible options for businesses seeking optimal facilities to support their operations and growth. 

4.2% Vacancy
Rate

$0.88 Asking Rent,
PSF/Month

Portland Skyline Aerial

Latest Industrial Space Listings in Portland

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Available in Future

Warehouse/Distribution

Wilsonville Distribution Center

29899 SW Boones Ferry Rd
Wilsonville, OR 97070
United States

Available Space: 19,899 SF

Rental Price: $9.60 / $9.60 W USD

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Available in Future

Warehouse/Distribution

Upland Distribution Center - Bldg 1

7631 N Upland Dr
Portland, OR 97203
United States

Available Space: 80,000 SF

Rental Price: $8.04 / $7.44 W / $11.40 O USD

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Available

Warehouse/Distribution

Richards Homewares Inc.

10675 N Lombard Ave
Portland, OR 97201
United States

Available Space: 106,750 SF

Rental Price: Negotiable

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Available

Warehouse/Distribution

Vista Logistics Park - Bldg C

92 SE 223rd Ave
Gresham, OR 97030
United States

Available Space: 98,481 SF

Rental Price: Negotiable

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Available

Warehouse/Distribution

Portland Portal III, Building B

NE Sandy Blvd & NE Airport Way, Portland
Portland, OR 97230
United States

Available Space: 145,096 SF

Rental Price: $13.08 / $10.80 - $11.40 W / $17.40 O USD

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Available

Warehouse/Distribution

Portland Portal III, Building A

NE Sandy Blvd & NE Airport Way
Portland, OR 97230
United States

Available Space: 71,600 SF

Rental Price: $13.08 / $11.40 W / $17.40 O USD

Why implement your industrial space in Portland?

Portland offers a vibrant market for industrial space for lease, catering to the diverse needs of businesses across various industries. The city's industrial sector provides a range of options, from large warehouses to smaller manufacturing facilities. These industrial spaces often come equipped with features like loading docks, ample storage space, and flexible floor plans to accommodate different operational requirements.  

Whether you're in manufacturing, logistics, or distribution, Portland's industrial spaces offer convenient access to transportation networks, including highways, rail lines, and the Port of Portland. Additionally, the city's favorable business environment, skilled workforce, and commitment to sustainability make it an attractive location for businesses in need of industrial space. With numerous listings available, companies can find suitable industrial spaces for lease in Portland to establish or expand their operations. 

How much does it cost to rent an industrial space in Portland?

The cost of renting an industrial space in Portland can vary depending on several factors, including location, size, condition, amenities, and market conditions. Generally, industrial space rental rates in Portland can range from around $6 to $18 or more per square foot per year. 

Industrial spaces closer to the city center or with easy access to major transportation routes may command higher rental prices due to their prime location and convenience. Additionally, newer or well-maintained industrial properties with modern amenities and specialized features might have higher rental rates compared to older or more basic facilities. 
 
To read: our Portland MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Portland? 

Industrial space rents in Portland can increase due to various factors. One reason is growing demand, as an increased need for industrial space can lead landlords to raise rents. Limited supply of desirable locations can also drive rent increases, particularly if there is a lack of new construction or conversion of existing spaces. Market conditions, such as economic growth and industry trends, can impact rents. Additionally, landlords investing in upgrades or improvements may justify higher rents. It is important to consult with real estate professionals or stay informed about local market reports for accurate and up-to-date information on industrial space rental trends in Portland. 

Popular neighborhoods in Portland

Portland offers several popular neighborhoods where businesses often seek to lease industrial space. Here are a few notable neighborhoods in Portland known for their industrial sectors and available industrial space: 

  • Northwest Industrial District: Located in the northwest part of the city, this neighborhood is home to a significant concentration of industrial and manufacturing businesses. It offers a variety of industrial spaces, including warehouses, distribution centers, and manufacturing facilities. 
  • Central Eastside Industrial District: Situated on the east side of the Willamette River, this district has a mix of industrial, creative, and commercial spaces. It is known for its converted warehouses, flex spaces, and industrial lofts, attracting a range of businesses, including tech companies, craft breweries, and artists. 
  • Swan Island: Situated on an island in the Willamette River, Swan Island is an industrial and manufacturing hub. It features a diverse range of industrial facilities, including large warehouses, production plants, and specialized manufacturing spaces. 
  • North Portland Industrial Area: Located in the northern part of the city, this industrial area offers a mix of industrial spaces suitable for various industries. It is home to manufacturing businesses, distribution centers, and logistics operations. 
  • Airport Way/Portland International Center: Situated near Portland International Airport, this area provides convenient access to transportation networks. It offers a mix of industrial spaces, including warehouses, freight distribution facilities, and logistics centers. 
 


Getting to and from Portland

Portland, Oregon has a well-connected transportation infrastructure, providing various options for getting to and from the city. Here are some common modes of transportation: 

  • Air Travel: Portland International Airport (PDX) is the primary airport serving the city. It is located about 12 miles northeast of downtown Portland. PDX is a major hub for both domestic and international flights, with numerous airlines offering regular service to various destinations. 
  • Public Transportation: TriMet operates an extensive public transportation system in the Portland metropolitan area. This includes light rail (MAX), buses, and streetcars, providing convenient and affordable options for getting around the city and its suburbs. 
  • Driving: Portland has a well-maintained road network, and major highways such as I-5 and I-84 pass through the city. If you plan to drive to Portland, be aware that traffic congestion can occur during peak hours, especially in the downtown area. Paid parking is available throughout the city, including street parking and parking garages. 
  • Amtrak: The Union Station in Portland is a stop along Amtrak's national train network. The Amtrak Cascades line connects Portland to cities like Seattle, Vancouver, and Eugene, providing a scenic and comfortable travel option. 
  • Cycling and Walking: Portland is known for being bike-friendly and pedestrian-friendly. The city has an extensive network of bike lanes, paths, and pedestrian-friendly streets, making it easy to navigate by bike or foot. Additionally, bike-sharing programs are available for short-term rentals. 

Commercial Real Estate Services in Portland, Oregon

Established over 40 years ago, Cushman & Wakefield’s Portland office is home to a full spectrum of services and nearly 100 employees who specialize in retail, industrial, office and investment brokerage, asset services, valuation, tax advisory and project management.

Portland Related Insights

Portland Skyline Aerial
MarketBeat

Portland

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
4/17/2024
Industrial MarketBeat Q1 2024
MarketBeat

U.S. Industrial Reports

Access the latest quarter commercial real estate results for the U.S. industrial sector. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
Jason Price • 4/12/2024
032023indsubleasecard
Article

U.S. Industrial Sublease Space Trends

In 2022, the pandemic spending boom started to wind down, which has since been reflected in an ongoing deceleration in e-commerce sales and (real) nondurable goods spending growth, and in an outright decline in (real) durable goods spending and import flows. 
Jason Price • 3/16/2023

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