John Gillem is a journalist focused on local real estate and economic trends in the United States, specifically in the Oregon and Portland area. With a specialization in commercial real estate, John writes articles for CoStar, providing insights into the retail, office, and multifamily sectors, as well as analyzing job growth and construction trends in the region.
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John Gillem's focus is on local economic trends, job markets, and real estate in the Pacific Northwest, primarily Oregon. His coverage heavily relies on data and analytics to support his articles.
If reaching out to John, consider providing him with access to relevant local economic data or exclusive insights into the job market or real estate trends specific to the Pacific Northwest. He may also be interested in private sector announcements related to these areas that can provide valuable insights for his audience. Any pitches should be tailored specifically toward developments in Oregon or Portland and how they fit within broader regional economic contexts.
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When accounting for supply dynamics, history suggests current uptick could gain steam
Minimal new construction and steady leasing have kept vacancies from running away
As larger institutions face high debt costs, private buyers and owner-users fill the void
Tenants stay on the offense in nearby Meridian
Vacancy pressures likely to ease in the coming quarters, as construction levels decline
By: John Gillem
The Gem State gained about 17,000 residents from domestic migration
Employment now stands at more than 410,000, a 3.76% change from one year ago
By: John Gillem
Despite comeback from 2023 losses, several job sectors are still behind on a year-over-year basis
Well under 10% of the Oregon market's available space was built after 2011
By: John Gillem
Developers are set to bring more units on line, but leasing remains strong, and starts have slowed
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