Most listings are in the $40's per square foot per year. The Lloyd District submarket is going through a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 39% rise in rent.
Compared to the rest of the Greater Portland market, the Lloyd District region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means office spaces most likley are 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,770 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1971 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Lloyd District folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.