The typical asking rate per listing is in the $20's per square foot per year. The Portland region is going through a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 38% decrease in rent.
In the last 90 days, 948 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Portland are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,880 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1900 and are Class B.
Real time and historical data on commercial real estate listings in Portland.
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