Northeast Portland Office Space

Northeast Portland

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Northeast Portland Rates

The typical asking rate per listing is in the $30's per square foot per year. The Northeast Portland region is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Greater Portland market, the Northeast Portland region has greater rates, and you'll need to make a great offer to be in this hot region.

Northeast Portland Listing Supply

In the last 90 days, 2 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,030 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1928 and are Class B.

Northeast Portland Community

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 taxi is the most popular way to get to work amongst Northeast Portland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.