Overall fundamentals in the Portland industrial market have remained stable with positive sentiment, even as the market has braced for an impact that has not and may never hit. This is largely inline with overall trends seen along major West Coast markets, where business activity has been consistent. Landlord collections remain above 90% and absorption has swung positive with rates holding. While the speed of Oregon’s total reopening remains to be seen, national and local economic indicators paint an optimistic outlook for industrial product.