Buckman Industrial

Buckman

Market Report

Number of Listings
Posted in the last 90 days
29
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,120

Buckman Rates

The typical asking rate per listing is in the $30's per square foot per year. The Buckman region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 10% decrease in rent.

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

Buckman Listing Supply

In the last 90 days, 208 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available leases in the Buckman are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,120 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1929 and are Class C.

Buckman Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Buckman folk. Commuting between 20 and 25 minutes 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 Buckman.
Research