On average, listings lease in the $30's per square foot per year. The Fisher's Village region is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Greater Portland market, the Fisher's Village region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 26 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the listings in the Fisher's Village are subleases, so you will probably have to focus your search on direct office leases. 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 2,290 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Fisher's Village residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.