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.
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.