Compared to the rest of the Greater Portland market, the Lloyd District submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 125% of the office spaces in the Lloyd District 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,380 sqft. Most properties in this area are approximately 6 floors. Most buildings in this market were built in 1971 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Lloyd District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.