Portland Retail

Portland

Office Space Market Report

Number of Listings (last 90 days)
43
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,500
As of: February 19, 2017

Portland Rates

On average, listings lease in the $20's per square foot per year. The Portland submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.

Portland Listing Supply

In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the listings in the 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 1,500 sqft. Most properties in this area are close to 3 stories. Most buildings in this area 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