Greater Portland Industrial

Greater Portland

Office Space Market Report

Number of Listings (last 90 days)
541
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,270
As of: May 21, 2017

Greater Portland Rates

Most listings are in the $30's per square foot per year. The Greater Portland region is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% increase in rent.

Greater Portland Listing Supply

In the last 90 days, 541 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Greater Portland are subleases, so you will probably have to consider a longer term lease. 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 2,270 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1985 and are Class A.

Greater Portland Community

Market Report

Trends and status of the commercial real estate market in Greater Portland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater Portland.
Research