Compared to the rest of the Greater Portland market, the Richmond submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 10 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available leases in the Richmond 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.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 2014.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Richmond occupants. Commuting close to 20 minutes 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 Richmond.
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