Downtown Portland Industrial

Downtown Portland

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Downtown Portland Rates

Most listings are in the $20's per square foot per year. The Downtown Portland region is experiencing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% increase in rent.

Downtown Portland Listing Supply

In the last 90 days, 30 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Downtown Portland are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this region are close to 4 stories. Most buildings in this region were built in 1893 and are Class B.

Downtown Portland Community

This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Portland folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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