Willamette Sublease

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Willamette

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,630
As of: December 8, 2016

Willamette Rates

On average, listings lease in the $30's per square foot per year. The Willamette submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.

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

Willamette Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,630 sqft. Most buildings in this region were built in 2006 and are Class A.

Willamette Community

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 approximately an hour and a half 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 Willamette.
Market Report

Market Data

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