Greater Portland Industrial

Greater Portland

Office Space Market Report

Number of Listings (last 90 days)
541
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,690
As of: July 22, 2017

Greater Portland Rates

Most listings are in the $30's per square foot per year. The Greater Portland submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Greater Portland Listing Supply

In the last 90 days, 541 listings have been posted online, so you'll want to check back regularly for new listings. About 76% of the office spaces in the Greater Portland 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.

The standard measurement for office space in this area is around 1,690 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region 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