Hollywood Retail

Hollywood

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,650
As of: February 26, 2017

Hollywood Rates

On average, listings lease in the $30's per square foot per year. The Hollywood region is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 18% decline in rent.

Compared to the rest of the Greater Portland market, the Hollywood submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Hollywood Listing Supply

In the last 90 days, 3 listings have come on the market, 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 1,300 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this area were built in 1928.

Hollywood Community

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 area. Commute by bike is the most popular way to get to work amongst Hollywood folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Hollywood.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hollywood.
Research