South Portland Industrial

South Portland

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,000
As of: May 18, 2017

South Portland Rates

Most listings are in the $10's per square foot per year. The South Portland submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

South Portland Listing Supply

In the last 90 days, 17 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1974 and are Class A.

South Portland Community

Market Report

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

Market Data

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