Old Town Chinatown Industrial

We couldn't find any industrial spaces for Lease and Sublease

Old Town Chinatown

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
13,170
As of: December 3, 2016

Old Town Chinatown Rates

On average, listings lease in the $30's per square foot per year. The Old Town Chinatown region is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Greater Portland market, the Old Town Chinatown region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Old Town Chinatown Listing Supply

In the last 90 days, 6 listings have been posted online, which means listings are probably going fast. 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.

Even though the median size is 11,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1904 and are Class B.

Old Town Chinatown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the folk of Old Town Chinatown work from home. Commuting close to an hour 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 Old Town Chinatown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Town Chinatown.
Research