Buckman Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Buckman Rates

On average, listings lease in the $30's per square foot per year. The Buckman submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Greater Portland market, the Buckman submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Buckman Listing Supply

In the last 90 days, 23 listings have been made available, which means listings are probably 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 on the market, 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 properties in this area are around 2 stories. Most buildings in this region were built in 1929 and are Class B.

Buckman Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Buckman occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.