Compared to the rest of the Greater Portland market, the Parkrose submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 37 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Parkrose 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Parkrose folk. Commuting between 20 and 25 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 Parkrose.
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