North Portland Retail

North Portland

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,640
As of: January 23, 2017

North Portland Rates

The typical asking rate per listing is in the $30's per square foot per year. The North Portland submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 85% increase in rent.

Compared to the rest of the Greater Portland market, the North Portland submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

North Portland Listing Supply

In the last 90 days, 5 listings have been listed, which means leases might be leasing quickly. 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 1,640 sqft. Most properties in this region are close to 1 floors. Most buildings in this region were built in 1981 and are Class C.

North Portland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Portland residents. Commuting more than an hour and a half 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 North Portland.
Market Report

Market Data

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