Multnomah Office Space

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Barrington Management
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9063 SW Barbur Blvd - Unit 9063 Multnomah, Portland, OR  
Sep 20
1,200
sqft
Office

Multnomah

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
800

Multnomah Rates

Most listings are in the $20's per square foot per year. The Multnomah submarket is going through a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.

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

Multnomah Listing Supply

In the last 90 days, 63 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the available space in the Multnomah are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 800 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1983 and are Class C.

Multnomah Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Multnomah occupants. Commuting close to 20 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 Multnomah.
Research