Hosford-Abernethy Industrial

Hosford-Abernethy

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,160
As of: February 26, 2017

Hosford-Abernethy Rates

On average, listings lease in the $30's per square foot per year. The Hosford-Abernethy region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Greater Portland market, the Hosford-Abernethy region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Hosford-Abernethy Listing Supply

In the last 90 days, 11 listings have come on the market, which means new availabilities are probably 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 2,160 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1927 and are Class B.

Hosford-Abernethy Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Hosford-Abernethy folk. Commuting approximately 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 Hosford-Abernethy.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hosford-Abernethy.
Research