Portland Market Status

Median Rate
$32
/sqft/yr
Since 90 days ago
$0
/sqft/yr
Median Size
2,390
sqft

Concentration of Listing Postings in Portland

Portland Rates

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

Portland Listing Supply

In the last 90 days, 261 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Portland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,390 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1956 and are Class B.

Portland Community

Subleases

3%
Subleases

Under 5000 sqft

0%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Portland $27 585,180 sqft
2. Brooklyn $24 157,560 sqft
3. Madison South $ 152,640 sqft
4. Old Town Chinatown $27 129,780 sqft
5. Northwest District $24 129,700 sqft
6. Buckman $24 113,390 sqft
7. Wilkes $22 97,220 sqft
8. Pearl $25 81,860 sqft
9. South Portland $20 58,260 sqft
10. St. Johns $ 54,000 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket