Greenway Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Greenway Rates

The typical asking rate per listing is in the $40's per square foot per year. The Greenway region is going through a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a 76% increase in rent.

Compared to the rest of the Greater Portland market, the Greenway submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Greenway Listing Supply

In the last 90 days, 8 listings have been listed, which means office spaces might be 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 15,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1986 and are Class A.

Greenway Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Greenway folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.