Richmond Sublease

Richmond

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,910
As of: February 27, 2017

Richmond Rates

Compared to the rest of the Greater Portland market, the Richmond submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Richmond Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Richmond 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.

The standard measurement for office space in this area is around 1,910 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 2014.

Richmond Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Richmond occupants. Commuting close to 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 Richmond.
Market Report

Market Data

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