The typical asking rate per listing is in the $30's per square foot per year. The Northeast Hillsboro region is experiencing a a boost in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Greater Portland market, the Northeast Hillsboro region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available space in the Northeast Hillsboro are subleases, so you might be able to snag a great spot on a short term. 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 6,460 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Northeast Hillsboro occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.