On average, listings lease in the $10's per square foot per year. The Barclay Hills submarket is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Greater Portland market, the Barclay Hills submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have come on the market, which means leases are probably leasing quickly. 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.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Barclay Hills residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.