Compared to the rest of the Greater Portland market, the Multnomah region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 10 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 70% of the available space in the Multnomah 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 840 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1983 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Multnomah folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.