The typical asking rate per listing is in the $20's per square foot per year. The Greenway submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 94% rise in rent.
Compared to the rest of the Greater Portland market, the Greenway region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 10 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,670 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this market were built in 1986 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Greenway residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.