Cully Office Space

Cully

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,710
As of: July 28, 2017

Cully Rates

Most listings are in the $20's per square foot per year. The Cully region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Greater Portland market, the Cully region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Cully Listing Supply

In the last 90 days, 7 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Cully are subleases, so you might be able to snag a great spot on a short term. 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 2,710 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1985 and are Class B.

Cully Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Cully folk. Commuting between 30 and 45 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 Cully.
Market Report

Market Data

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