Compared to the rest of the Greater Portland market, the Hollywood submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Hollywood 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.
The standard measurement for office space in this area is around 550 sqft. Most properties in this region are around 4 floors. Most buildings in this region were built in 1928.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Hollywood residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.