East Portland Industrial

East Portland

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,110
As of: June 26, 2017

East Portland Rates

Most listings are in the $20's per square foot per year. The East Portland region is seeing a a boost 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 East Portland submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

East Portland Listing Supply

In the last 90 days, 13 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 62% of the listings in the East 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 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 1,110 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1994 and are Class A.

East Portland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst East Portland occupants. Commuting close to 20 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 East Portland.
Market Report

Market Data

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