The typical asking rate per listing is in the $20's per square foot per year. The Fisher's Landing East submarket is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Greater Portland market, the Fisher's Landing East region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means 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.
Even though the median size is 2,870 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1995 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fisher's Landing East folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.