Greater Portland Retail

Greater Portland

Office Space Market Report

Number of Listings (last 90 days)
541
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,810
As of: March 11, 2017

Greater Portland Rates

On average, listings lease in the $20's per square foot per year. The Greater Portland region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.

Greater Portland Listing Supply

In the last 90 days, 541 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Greater Portland are subleases, so you will probably have to consider a longer term lease. 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 1,810 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