On average, listings lease in the $20's per square foot per year. The Southwest Hills region is seeing a a boost in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Greater Portland market, the Southwest Hills submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 0 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Southwest Hills 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 1,670 sqft. Most properties in this area are around 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southwest Hills occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.