On average, listings lease in the $30's per square foot per year. The Northeast Hillsboro submarket is going through a a boost in rates. In the last 3 months, the median rate rose $34 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Portland market, the Northeast Hillsboro region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,480 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1998 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Northeast Hillsboro residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.