West Slope Sublease

West Slope

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
960
As of: March 13, 2017

West Slope Rates

The typical asking rate per listing is in the $20's per square foot per year. The West Slope region is going through a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Compared to the rest of the Greater Portland market, the West Slope submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

West Slope Listing Supply

In the last 90 days, 1 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the West Slope 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 960 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 2005 and are Class B.

West Slope Community

Market Report

Trends and status of the commercial real estate market in West Slope.
Market Report

Market Data

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