Market Analysis: Forest Avenue is on Fire

Once a hub for gas stations and automobile service centers, the Forest Avenue corridor has become a heavily-trafficked gateway to downtown Portland, home to restaurants, retailers, nonprofits, and more. Off-peninsula neighborhoods, such as Forest Avenue, have become a draw for businesses seeking relief from expensive downtown rents. For at least a decade, Forest Avenue and Woodford’s Corner have been hosting office tenants in affordable spaces and retailers have found the reasonable lease rates both appealing and more sustainable. READ FULL ARTICLE by Samantha Marinko, Associate at The Boulos Company