Greenway Industrial

Greenway

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,870

Greenway Rates

On average, listings lease in the $20's per square foot per year. The Greenway region is going through a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 45% rise in rent.

Compared to the rest of the Greater Portland market, the Greenway submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Greenway Listing Supply

In the last 90 days, 135 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Greenway are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,870 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1986 and are Class A.

Greenway Community

A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Greenway folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Greenway.
Research