Fircrest Office Space

Fircrest

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
18,880
As of: March 13, 2017

Fircrest Rates

Most listings are in the $20's per square foot per year. The Fircrest region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

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

Fircrest Listing Supply

In the last 90 days, 3 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 18,880 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1998 and are Class B.

Fircrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Fircrest work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Fircrest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fircrest.
Research