Hollywood Sublease

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Hollywood

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,300
As of: February 24, 2017

Hollywood Rates

Most listings are in the $30's per square foot per year. The Hollywood region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 18% decrease in rent.

Compared to the rest of the Greater Portland market, the Hollywood submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Hollywood Listing Supply

In the last 90 days, 3 listings have been made available, which means listings might be 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 1,300 sqft. Most buildings in this area are around 4 floors. Most buildings in this region were built in 1928.

Hollywood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Hollywood folk. Commuting around 20 minutes 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 Hollywood.
Market Report

Market Data

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