Esther Short Industrial

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

Esther Short

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,750
As of: June 22, 2017

Esther Short Rates

On average, listings lease in the $30's per square foot per year. The Esther Short submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year.

Compared to the rest of the Greater Portland market, the Esther Short submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Esther Short Listing Supply

In the last 90 days, 9 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Esther Short 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,750 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1985 and are Class A.

Esther Short Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Esther Short occupants. Commuting between 30 and 45 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 Esther Short.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Esther Short.
Research