Five Oaks Sublease

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Five Oaks

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,590
As of: February 21, 2017

Five Oaks Rates

The typical asking rate per listing is in the $30's per square foot per year. The Five Oaks submarket is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the Greater Portland market, the Five Oaks region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Five Oaks Listing Supply

In the last 90 days, 6 listings have been listed, which means leases most likley are 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,590 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 2001 and are Class B.

Five Oaks Community

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 Five Oaks residents. 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 Five Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Five Oaks.
Research