Esther Short Sublease

Esther Short

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Esther Short Rates

Most listings are in the $30's per square foot per year. The Esther Short submarket is going through a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 29% rise in rent.

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

Esther Short Listing Supply

In the last 90 days, 18 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Esther Short are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,850 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1984 and are Class B.

Esther Short Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Esther Short residents. Commuting between 30 and 45 minutes 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 Esther Short.
Market Report

Market Data

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