The typical asking rate per listing is 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 increased $30 per sqft per year.
Compared to the rest of the Greater Portland market, the Esther Short region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 9 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Esther Short 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.
Even though the median size is 2,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1985 and are Class A.
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 region. 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.