Compared to the rest of the Greater Portland market, the Willamette region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 367% of the office spaces in the Willamette are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,350 sqft. Most buildings in this region were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Willamette residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.