Most listings are in the $30's per square foot per year. The Southeast Uplift submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Greater Portland market, the Southeast Uplift region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 546 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Southeast Uplift 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 990 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1946 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Southeast Uplift folk. Commuting approximately 15 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 Southeast Uplift.
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