Most listings are in the $20's per square foot per year. The Mill Park region is going through a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decline in rent.
Compared to the rest of the Greater Portland market, the Mill Park region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available space in the Mill Park are subleases, so you might be able to find a shorter term or below market rent. 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 300 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1980 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Mill Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.