Downtown Portland Retail

Downtown Portland

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,400
As of: December 8, 2016

Downtown Portland Rates

Most listings are in the $20's per square foot per year. The Downtown Portland region is experiencing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.

Downtown Portland Listing Supply

In the last 90 days, 26 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Downtown 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are close to 4 stories. Most buildings in this area were built in 1900 and are Class B.

Downtown Portland Community

This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. 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