Northwest Industrial Sublease

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Northwest Industrial

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Northwest Industrial Rates

Most listings are in the $30's per square foot per year. The Northwest Industrial region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Greater Portland market, the Northwest Industrial region has higher rates, and you'll need to make a great offer to be in this hot region.

Northwest Industrial Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases are probably going fast. 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 1,440 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1963 and are Class C.

Northwest Industrial Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Northwest Industrial folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.