The typical asking rate per listing is in the $30's per square foot per year. The Willamette region is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 15% rise in rent.
Compared to the rest of the Greater Portland market, the Willamette region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 367% of the office spaces in the Willamette 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this area were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Willamette occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.