Portland Office Space

80 Exchange St - Floor 4 Downtown Portland, Portland, ME heat/AC/hot water:
Sep 19
3,000
sqft
Mixed Use Office
128 Cassidy Point Dr - Space Libbytown, Portland, ME This listing is a nnn lease.
Sep 19
13,880
sqft
Sublease Mixed Use Office
58 Fore St - 3 Spaces Downtown Portland, Portland, ME rental rate is negotiable
Aug 18
35,000 - 120,000
sqft
Office Retail Other
380 Cumberland Ave - 3 Spaces Downtown Portland, Portland, ME can be combined with adjacent space
Aug 09
170 - 2,610
sqft
Industrial Mixed Use Office Medical

Portland

Market Report

Number of Listings
Posted in the last 90 days
36
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,950

Portland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Portland region is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 17% decline in rent.

Portland Listing Supply

In the last 90 days, 948 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Portland 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 870 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1900 and are Class B.

Portland Community

Market Data

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