The typical asking rate per listing is in the $20's per square foot per year. The Greenway region is going through a a rise 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 submarket has smaller rates, so you should have no trouble finding a great deal in this discounted 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 office spaces in the Greenway 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 on the market, 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 properties in this region are approximately 1 floors. Most buildings in this market were built in 1986 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Greenway folk. Commuting around 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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