Greater Portland Sublease

Greater Portland

Office Space Market Report

Number of Listings (last 90 days)
499
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,290
As of: December 3, 2016

Greater Portland Rates

Most listings are in the $30's per square foot per year. The Greater Portland submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Greater Portland Listing Supply

In the last 90 days, 440 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Greater Portland are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,580 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1985 and are Class A.

Greater Portland Community

Market Report

Trends and status of the commercial real estate market in Greater Portland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater Portland.
Research