North Portland Retail

North Portland

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,880
As of: March 1, 2017

North Portland Rates

Most listings are in the $30's per square foot per year. The North Portland submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $15 per sqft per year. That's a 85% rise in rent.

Compared to the rest of the Greater Portland market, the North Portland region has higher rates, and you'll need to make a great offer to be in this hot region.

North Portland Listing Supply

In the last 90 days, 5 listings have come on the market, which means leases 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.

The standard measurement for office space in this area is around 1,880 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area 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 occupants. 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