Esther Short Retail

Esther Short

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,840
As of: December 6, 2016

Esther Short Rates

The typical asking rate per listing is in the $30's per square foot per year. The Esther Short submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Greater Portland market, the Esther Short submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Esther Short Listing Supply

In the last 90 days, 28 listings have been made available, which means spaces are probably 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1982 and are Class B.

Esther Short Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Esther Short occupants. Commuting between 30 and 45 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 Esther Short.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Esther Short.
Research