Boston’s office market continues to limp along, showing signs of recovery one day, signs of regression the next, etc. But at least we’re not Portland, Oregon, where some office tenants are of the distinctly non-paying variety. From the WSJ’s brutal takedown of the Portland market:
“After Digital Trends moved out of the U.S. Bancorp Tower in Portland, Ore., the technology publisher didn’t hold back about why it left.
“The property, once a premier address in the city, was afflicted with ‘vagrants sleeping in hallways of vacant office floors.’ They were ‘starting fires in stairwells, smoking fentanyl and defecating in common areas,’ according to papers the company filed in a lease-termination lawsuit.”
