Cully Office Space

Cully

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
30,000

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

Cully Listing Supply

In the last 90 days, 29 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Cully 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 available, so finding a space for a small business might be tough.

Even though the median size is 30,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 1981 and are Class B.

Cully Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Cully folk. Commuting between 30 and 45 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 Cully.
Research