Compared to the rest of the Greater Portland market, the Sommerset West - Elmonica North submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 400% of the available space in the Sommerset West - Elmonica North are subleases, so you might be able to snag a great spot on a short term. 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 1,380 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Sommerset West - Elmonica North work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.