Portland Retail Figures Q4 2025

— The total retail square feet (sq. ft.) absorbed in Q4 2025 was negative 104,000 sq. ft., compared to negative 63,000 sq. ft. in Q3 2025.

— There was 33,000 sq. ft. delivered in Q4 2025. Included in that figure is Union Ridge Town Center, an 11,030 sq. ft. retail community center in North Clark County.

— The overall average net asking rent for retail in Portland ended Q4 2025 at $24.27, representing a -$0.81 change from Q3 2025.

— Significant lease transactions of Q4 2025 include: Slick City Action Park leasing 35,500 sq. ft. at 15505 NE Fourth Plain Blvd in Vancouver and Burlington Coat Factory leasing 27,465 sq. ft. at Tanasbourne Shopping Center in Hillsboro.

— The total retail investment sales in Q4 2025 amounted to $87.3 million in total volume, compared to $121.6 million in Q3 2025.