Fircrest Sublease

Fircrest

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
18,880
As of: August 17, 2017

Fircrest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Fircrest region is seeing a a boost in rates. In the last 3 months, the median rate increased $24 per sqft per year.

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

Fircrest Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Fircrest 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 18,880 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1998 and are Class B.

Fircrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the residents of Fircrest work from home. 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 Fircrest.
Market Report

Market Data

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