Most listings are in the $20's per square foot per year. The Central Northeast Portland region is going through a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Greater Portland market, the Central Northeast Portland region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 12 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 58% of the available leases in the Central Northeast Portland are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 152,640 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1948 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Northeast Portland occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.