Most listings are in the $20's per square foot per year. The East Portland region is experiencing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Greater Portland market, the East Portland submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been listed, which means new availabilities 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 840 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1990 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst East Portland residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.