As the first half of 2019 flows into the record books, Portland is experiencing another year of significant speculative industrial development. Just under 1 million square feet of newly completed industrial buildings have been delivered since the beginning of 2019 with another 2 million square feet planned for the second half of the year.
While we have slowed down from a huge 2018 year where over 5.1 million square feet were delivered to the market, Portland’s continued growth has garnered the…