On average, listings lease in the $30's per square foot per year. The Hillsboro region is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Greater Portland market, the Hillsboro submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 258 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available leases in the Hillsboro are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 8,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1998 and are Class A.
Real time and historical data on commercial real estate listings in Hillsboro.
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