| Portland Office Space |
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Downtown Portland Office Space Guide:Finding an office to rent in downtown Portland has become easier as the recession has pushed some businesses from this area and driven up the commercial property vacancies. Whether you want to rent office space in the upscale Pearl District or be closer to the hub of downtown near Broadway or Taylor Street, there is plenty to choose from. I have been looking to relocate by website service business into Portlands downtown region for some time now. My attorney has a SE Portland office space and has told me great things about his area, but I prefer the region between Clay and Burnside and between Naito Parkway and SW Broadway. Shared office spaces have come up - but with 10 employees and the potential to grow I need a larger commercial office space. Small office space is ideal for those that are well established and don't expect many changes in their business. The Portland Pearl District is an excellent location for up and coming businesses in all fields. I recently did some work for a company off Glisan with a professional office space and they originally thought it was a temporary location but they fell in love with the building and just signed a long term lease. To find out how much office space you need per employee - go here. Portland office space for rent is available if you go online to the commercial property leasing websites or even on Craigslist. Larger companies in the Portland, Oregon area like Nike and Intel are located east of the city closer to Hillsboro and Beaverton. Another great thing about Portland is its vicinity to Seattle, San Jose, and Oakland. Commercial office space in Portland for lease in those cities is cheaper than what you will find in the center of downtown(that is also determined by how many amenities you want, and whether it's furnished or unfurnished). Lease rates go up as you inch towards the main section of downtown Portland. Locating the best executive office space in Portland can be tricky but you need to do your homework on location, price, and accessiblity. Do you need a newer office, one that can grow with you as your business expands, do you need it already furnished, etc. Portland Office Space for Lease:If you have never used Craigslist online services before, we highly suggest them when you are first scouring the web for available office space in your area. When we recently looked on Craigslist.org under their "office & commercial" housing section we found hundreds of postings for commercial real estate for lease or rent. You can find retail office space, business office space with plenty of square footage, or smaller office suites designed for those with small businesses. Search by rent, square footage, even city. No matter your criteria, you will find plenty of professional offices for lease on their website. Officespaceheaven is another preferred site with listings for industrial space, land, retail, subleases, executive suites, and more. Portland Office Lease Rates:What are office lease rates in Portland? In our research online we have found that the average lease rate in the Portland metro region is just over $25 per square foot. The vacancy rate for commercial office space is roughly 8.5%. When you go out to the suburban markets you are looking at vacancy rates much higher - closer to 16%. Some business owners claim it's easier to use a leasing broker - someone familiar with lots of buildings and vacancies across the city. Office space experts in Portland can help you find a great deal, but you need to be patient as the right place will eventually pop up. I am about to sign a lease on a building in downtown after 2 months of negotiating on the yearly rate. We are lucky in that their is additional space in the building if we want it - this is wishful thinking on our part as we would like to see the business grow over the next year or so.
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