Commentary: Demand Presently Trumping Supply

Summary

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Many industrial land users face a quandary when searching for developable land in the Interstate 205 Corridor. Land is in short supply and various factors impact how it can be developed, leading to a crowded outlook at present and in the future.

The I-205 Industrial Corridor is generally considered to be the area along the I-205 freeway from the Columbia River south to Oregon City. The primary areas of most dense industrial development are the Airport Way/ Columbia Boulevard area, and the Clackamas/Milwaukie area.Supply and demand

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Extract

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Commentary: Demand Presently Trumping Supply

The age-old economic axiom of supply versus demand plays a central role in price determination, particularly as available land supply continues to diminish. When the Urban Growth Boundary was first enacted in the 1970s, industrial land was abundant. Through the economic downtu...

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