Most listings are in the $20's per square foot per year. The Greenway submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 40% rise in rent.
Compared to the rest of the Greater Portland market, the Greenway submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 10 listings have come on the market, which means spaces might be 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 4,670 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this area were built in 1986 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Greenway occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.