Most listings are in the $10's per square foot per year. The Greenway submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Greater Portland market, the Greenway region 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 been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 70% of the listings in the Greenway 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 4,110 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this region were built in 1986 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Greenway folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.