The typical asking rate per listing is in the $40's per square foot per year. The Lloyd District region is going through a an increase in rates. In the last 3 months, the median rate rose $42 per sqft per year.
Compared to the rest of the Greater Portland market, the Lloyd District region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Lloyd District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,770 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this region were built in 1971 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Lloyd District folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.