On average, listings lease in the $20's per square foot per year. The Fisher's Landing East region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Greater Portland market, the Fisher's Landing East submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,370 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1995 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Fisher's Landing East folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.