Most listings are in the $20's per square foot per year. The Multnomah submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Greater Portland market, the Multnomah submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 1,770 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1983 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Multnomah folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.