The typical asking rate per listing is in the $20's per square foot per year. The Hillsboro region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 19% decline in rent.
Compared to the rest of the Greater Portland market, the Hillsboro submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the office spaces in the Hillsboro are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,140 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1999 and are Class A.