Three Prominent Hotels in DT Portland set to be sold at Foreclosure Auction
1 year ago
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In an era when people can work from anywhere, few choose downtown Portland.
That’s clear from a July study by ECONorthwest, not yet finalized, which shows that on any given day, there are 55% fewer workers downtown than there were before the pandemic. In the same report, consultants estimated it would take until 2034 for office vacancy in downtown Portland to drop below 10%—the ideal range.
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