Most listings are 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 increased $9 per sqft per year. That's a 45% rise in rent.
Compared to the rest of the Greater Portland market, the Greenway region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 135 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Greenway are subleases, so you will probably have to focus your search on direct office leases. 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 2,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1986 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Greenway folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Greenway.
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