Most listings are in the $20's per square foot per year. The Central Northeast Portland submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Greater Portland market, the Central Northeast Portland region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 13 listings have been posted online, which means office spaces most likley are going fast. 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.
The standard measurement for office space in this area is around 1,330 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Northeast Portland folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.