On average, listings lease in the $20's per square foot per year. The Raleigh Hills region is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Greater Portland market, the Raleigh Hills region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,730 sqft. Most buildings in this market are close to 2 stories.