Portland Portal III — Lease in Portland, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Business
  • Location: Portland, OR 97230
  • Size: 216,696 SF
  • Year built: 2024

Photos

Portland Portal III — Lease in Portland, OR, photo 1 of 1

Market Context

This warehouse distribution in Portland, OR is listed for lease across 216,696 SF. The building dates to 2024. Compare it against other warehouse distribution listings for lease in Portland, OR — view the full market.

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

Warehouse distribution market FAQ

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

Estimated Market Rate

$0.75/SF/mo – $1.01/SF/mo

Mid: $0.88/SF/mo

Estimated total for 216,696 SF: $190,692 per month

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