Portland, OR skyline Portland, OR is expected to see office rent growth in the 3% range this year.

IRVINE, CA—Despite steady improvement in the national employment picture, and office-using job sectors in particular, office as an asset class is skating on pretty thin ice, Ten-X Commercial says in its latest outlook report on the sector. The report cites little movement in nationwide vacancies over the past two years and rent growth slowing to its most sluggish pace in five years.