Portland, Oregon

01

Bloomberg reports that Oregon's governor race is being shaped by economic strains in downtown Portland, where the city's tallest office building sold for $45 million, an 87% discount from its prior sale, and the city's biggest mall closed after going into foreclosure.

Weekday downtown foot traffic is still less than half of pre-pandemic levels, according to the October 30, 2026 feature. On the jobs side, OPB reported in late October 2026 that big Oregon companies are navigating a mix of challenges and wins heading into the midterm election.

Source: Bloomberg, October 30, 2026

02

Portland is gaining new headquarters and expansion activity even as its downtown faces headwinds, from rental-tech firm OneApp to EV-charging maker OpConnect.

Portland Business Journal reported in July 2026 that OneApp is opening a new 16,000-square-foot headquarters in Northwest Portland, and earlier in 2026 OpConnect added production at a Portland HQ. Columbia Sportswear, the city's flagship apparel company, posted stronger 2026 results in October.

Source: Portland Business Journal / OPB, 2026

03

Columbia Sportswear raised the low end of its 2026 forecast after third-quarter results topped its outlook.

OPB reported on October 31, 2026 that Columbia posted Q3 net sales up 2% to $962.6 million, with Jan-Sept profit of $145.6 million, up from $84 million a year earlier. Portland's corporate anchors are weathering the market alongside the headquarter companies that have left.

Source: OPB / Shop-Eat-Surf, October 2026