Portland Retail

Portland

Office Space Market Report

Number of Listings (last 90 days)
44
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,340
As of: May 26, 2017

Portland Rates

On average, listings lease in the $20's per square foot per year. The Portland submarket is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

Portland Listing Supply

In the last 90 days, 44 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Portland 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,830 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1900 and are Class B.

Portland Community

Market Report

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

Market Data

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