Greenway Sublease

Greenway

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,110
As of: June 24, 2017

Greenway Rates

The typical asking rate per listing is in the $10's per square foot per year. The Greenway submarket is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year.

Compared to the rest of the Greater Portland market, the Greenway region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Greenway Listing Supply

In the last 90 days, 10 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 90% of the office spaces in the Greenway are subleases, so you might be able to find a shorter term or below market rent. 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 4,110 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1986 and are Class A.

Greenway Community

A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. 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.

Market Report

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

Market Data

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