Most listings are in the $20's per square foot per year. The Metzger region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Greater Portland market, the Metzger region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 61 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available space in the Metzger 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,980 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of Metzger work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.