Downtown Portland Retail

Downtown Portland

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,200
As of: February 26, 2017

Downtown Portland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Portland region is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.

Downtown Portland Listing Supply

In the last 90 days, 22 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the office spaces in the Downtown 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,450 sqft. Most properties in this market are close to 4 stories. Most buildings in this region were built in 1900 and are Class B.

Downtown Portland Community

This region is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Portland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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