2187 NW Reed St — Sale in Portland, OR

  • Price: $3M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Portland, OR 97210

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2187 NW Reed St — Sale in Portland, OR, photo 1 of 2
2187 NW Reed St — Sale in Portland, OR, photo 2 of 2

Description

Conditioned Flex Warehouse + Office in NW Portland CBRE is pleased to present 2187 NW Reed St., a conditioned flex warehouse and office property ideally located in Portland’s coveted Northwest industrial district. This ±18,751 SF concrete building—including approximately 4,500 SF of renovated office space—offers ample on-site parking, dock-high and grade-level doors, and excellent access to major freeways and downtown Portland. The property presents a prime opportunity for owner-users or investors seeking operational efficiency and strategic connectivity.

Market Context

This industrial in Portland, OR is listed for sale at $2,950,000. Compare it against other industrial listings for sale in Portland, OR — view the full market.

As of Q2 2026, the Portland industrial market showed a 7.8% vacancy rate, and average asking rents near $10.56/SF/yr. Source: multiple brokerage reports, Q2 2026.

Industrial market FAQ

Is the Portland industrial market tightening or softening?
Vacancy is around 7.8% (Q2 2026).

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