Greater Portland Retail

Greater Portland

Office Space Market Report

Number of Listings (last 90 days)
541
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,960
As of: June 23, 2017

Greater Portland Rates

Most listings are in the $30's per square foot per year. The Greater Portland submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Greater Portland Listing Supply

In the last 90 days, 541 listings have come on the market, so you'll want to check back regularly for new listings. About 85% of the listings in the Greater Portland are subleases, so you might be able to find a shorter term or below market rent. 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 1,860 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1985 and are Class A.

Greater Portland Community

Market Report

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

Market Data

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