Hillsboro Industrial

Hillsboro

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
6,460
As of: July 27, 2017

Hillsboro Rates

The typical asking rate per listing is in the $20's per square foot per year. The Hillsboro region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 32% decline in rent.

Compared to the rest of the Greater Portland market, the Hillsboro submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Hillsboro Listing Supply

In the last 90 days, 30 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 37% of the available leases in the Hillsboro are subleases, so you might be able to snag a great spot on a short term. 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 6,460 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1999 and are Class A.

Hillsboro Community

Market Report

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

Market Data

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