On average, listings lease in the $20's per square foot per year. The Greenway region is going through a a rise in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 94% increase in rent.
Compared to the rest of the Greater Portland market, the Greenway submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 10 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,670 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 1986 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Greenway folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.