Central Northeast Portland Office Space

Central Northeast Portland

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,330
As of: December 6, 2016

Central Northeast Portland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Northeast Portland submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Greater Portland market, the Central Northeast Portland region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central Northeast Portland Listing Supply

In the last 90 days, 13 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,330 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1985 and are Class A.

Central Northeast Portland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Northeast Portland residents. Commuting approximately an hour and a half 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 Central Northeast Portland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Northeast Portland.
Research