On average, listings lease in the $20's per square foot per year. The Fisher's Village region is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 22% rise in rent.
Compared to the rest of the Greater Portland market, the Fisher's Village region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 11 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,550 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Fisher's Village occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.