Gresham Industrial

Gresham

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
2,000
As of: March 11, 2017

Gresham Rates

The typical asking rate per listing is in the $10's per square foot per year. The Gresham submarket is seeing 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.

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

Gresham Listing Supply

In the last 90 days, 3 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Gresham 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 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1998 and are Class C.

Gresham Community

Market Report

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

Market Data

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

Gresham Submarkets