Most listings are in the $20's per square foot per year. The Hollywood submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Greater Portland market, the Hollywood region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 930 sqft. Most properties in this region are close to 4 floors. Most buildings in this area were built in 1928.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Hollywood occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.