The typical asking rate per listing is in the $30's per square foot per year. The Southeast Uplift region is seeing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Greater Portland market, the Southeast Uplift region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 59 listings have come on the market, so you'll want to check back regularly for new listings. About 93% of the listings in the Southeast Uplift are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1946 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Southeast Uplift folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.