Boulos sees Greater Portland office market return to positive net absorption in 2026 midyear outlook

• Boulos published a midyear outlook showing Greater Portland’s office market shifted to positive net absorption in 2026, reversing 2025’s vacancy rise.
• Leasing gains came from multiple 5,000-15,000 square foot deals, not a single large transaction, with no major new vacancies reported.
• Downtown Portland stayed broadly stable; Class A direct vacancy edged up, Class B vacancy eased, limiting overall movement.
• Suburban Class A drove most net absorption as tenants favored higher-quality space; vacancy remained elevated but retreated from recent peaks.
• Outlook flagged steady demand, continued “flight to quality,” improved flexibility; further vacancy declines hinge on avoiding large space returns.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boulos Co Inc published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.