On average, listings lease in the $10's per square foot per year. The Downtown Hillsboro submarket is going through a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Greater Portland market, the Downtown Hillsboro region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,840 sqft, there are still 0 leases below 2,000 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Hillsboro occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.