Most listings are in the $20's per square foot per year. The Northeast Hillsboro submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 45% increase in rent.
Compared to the rest of the Greater Portland market, the Northeast Hillsboro 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 posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available space in the Northeast Hillsboro are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 7,560 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Northeast Hillsboro residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.