Logistics Real Estate In Portland and the Pacific Northwest
Prologis is the largest industrial property owner in Portland, Oregon, where we have over 55 industrial real estate properties totaling 7 million square feet that serve 115 customers.* More than 300,000 square feet of warehouse space are under construction in the Portland area, with an additional 1.5 million square feet in the planning stages. We also have an undeveloped land bank of 120 acres representing 2.1 million square feet of industrial space to support future development.
Airport Way is our primary and largest submarket in Portland, unique in its proximity to major transportation routes. We also have warehouses for lease in Northwest Portland, an infill submarket just minutes from downtown and the city center. Rivergate is a big-box submarket adjacent to the Port of Portland. We also have logistics properties in Tualatin, a southwest Portland submarket close to the largest population centers and fastest-growing cities, and Clackamas, a sizeable industrial submarket with convenient freeway access close to customers and employees.
*Total buildings and square footage as of Q4 2023.
