Compared to the rest of the Greater Portland market, the Lloyd District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means new listings 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 1,180 sqft. Most buildings in this area are around 6 floors. Most buildings in this area were built in 1971 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this area. 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.