Raleigh West Industrial

Raleigh West

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,810
As of: February 27, 2017

Raleigh West Rates

On average, listings lease in the $20's per square foot per year. The Raleigh West submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Greater Portland market, the Raleigh West region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Raleigh West Listing Supply

In the last 90 days, 19 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,810 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 1987 and are Class B.

Raleigh West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Raleigh West folk. Commuting around 10 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 Raleigh West.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Raleigh West.
Research