Compared to the rest of the Greater Portland market, the Willamette region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 267% of the listings 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 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 region. Commute by public transit is the most popular way to get to work amongst Willamette residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.