Buckman Office Space

Buckman

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,280
As of: December 5, 2016

Buckman Rates

The typical asking rate per listing is in the $30's per square foot per year. The Buckman region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Greater Portland market, the Buckman region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Buckman Listing Supply

In the last 90 days, 40 listings have been listed, which means new availabilities are probably 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.

The standard measurement for office space in this area is around 1,300 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1929 and are Class C.

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 market. Commute by walking is the most popular way to get to work amongst Buckman folk. Commuting between 20 and 25 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 Buckman.
Market Report

Market Data

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