Northwest District Retail

Northwest District

Office Space Market Report

Number of Listings (last 90 days)
138
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,020
As of: August 17, 2017

Northwest District Rates

Compared to the rest of the Greater Portland market, the Northwest District submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Northwest District Listing Supply

In the last 90 days, 9 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 233% of the available leases in the Northwest District are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,020 sqft. Most properties in this market are close to 4 floors. Most buildings in this region were built in 1963 and are Class A.

Northwest District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Northwest District work from home. Commuting around 10 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 Northwest District.
Market Report

Market Data

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