Portland, OR Commercial Real Estate for Lease and Sale

Explore 780 listings of Portland commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Mont Blanc Building

1836 NE 7th Avenue, Irvington, Portland, OR
Property

Office

30,000 SF
Availability

1 Space

2,350 SF
Year Built

1913
For Lease

$3,916.00/MO
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For Lease | 8,800 SF of Office Space in South Portland

3015 SW 1st Ave, South Waterfont, Portland, OR
Property

Office
Availability

1 Space

8,800 SF
For Lease Contact for pricing
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6915 SW Macadam Avenue

6915 SW Macadam Avenue, Corbett - Terwilliger - Lair Hill, Portland, OR
Property

Office

37,850 SF
Availability

4 Spaces

14,636 SF
For Lease

$28.50 - $32.50/SF/YR
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Galleria Building

600 SW 10th Avenue, Downtown Portland, Portland, OR
Property

Office

160,000 SF
Availability

1 Space

34,300 SF
Year Built

2009
For Lease Contact for pricing
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2724 SW Custer St

2724 SW Custer St, Multnomah, Portland, OR
Property

Multi-Family

5,663 SF
Year Built

1882
For Sale

$1,395,000
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Fremont Place II

1650 NW Naito Pky, The Pearl, Portland, OR
Property

Office

64,000 SF
Availability

7 Spaces

42,026 SF
Year Built

1987
For Lease Contact for pricing
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Portland, OR Warehouse for Rent - #1236 | 2,000-6,500 SF

1704 NW Johnson St, Nob Hill - Northwest District, Portland, OR
Property

Industrial

6,500 SF
Availability

1 Space

6,500 SF
Year Built

1958
For Lease

$1.35/SF/MO
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Custom Woodworking

2502-2520 Southwest Multnomah Boulevard, Multnomah, Portland, OR
Property

Industrial

5,000 SF
Year Built

1949
For Sale

$1,250,000
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For Sale | 1136 SE Grand Avenue

1136 SE Grand Ave, Buckman, Portland, OR
Property

Office

19,542 SF
Year Built

1970
For Sale

$5,795,000
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13720-13730 NE Whitaker Way

13720-13730 NE Whitaker Way, Argay, Portland, OR
Property

Industrial

32,208 SF
Availability

1 Space

32,208 SF
For Lease

$0.80/SF/MO
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5341 Southeast McLoughlin Boulevard

5341 Southeast McLoughlin Boulevard, Sellwood - Moreland, Portland, OR
Property

Industrial

9,920 SF
Year Built

1951
For Sale

$2,499,000
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1410 Jefferson

1410 SW Jefferson, Goose Hollow, Portland, OR
Property

Office

3,950 SF
Availability

1 Space

3,950 SF
For Lease

$18.50/SF/YR
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Standard Insurance Center

900 SW 5th Avenue, Downtown Portland, Portland, OR
Property

Office

457,343 SF
Availability

1 Space

5,634 SF
Year Built

1970
For Lease Contact for pricing
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1125-1135 SE Grand Ave

1125 SE Grand Ave, Buckman, Portland, OR
Property

Restaurant

9,000 SF
Availability Contact for availability
Year Built

1924
For Lease Contact for pricing
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620 SW 5th Avenue

620 SW 5th Avenue, Downtown Portland, Portland, OR
Property

Office

103,077 SF
Availability

15 Spaces

61,650 SF
Year Built

1907
For Lease Contact for pricing
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Portland International Plaza

8338 NE Alderwood Road, Portland International Airport, Portland, OR
Property

Office

70,826 SF
Availability

2 Spaces

12,162 SF
Year Built

1997
For Lease

$19.00/SF/YR
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Banfield Plaza

7931 NE Halsey Street, Montavilla, Portland, OR
Property

Office

36,240 SF
Availability

1 Space

1,250 SF
Year Built

1980
For Lease

$24.95/SF/YR
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The Mayer Building

1130 SW Morrison Street, Downtown Portland, Portland, OR
Property

Office

45,116 SF
Availability

1 Space

3,318 SF
Year Built

1927
For Lease

$2.67/SF/MO
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Lu Center

14325 NE Airport Way, Argay, Portland, OR
Property

Industrial

44,200 SF
Availability

1 Space

5,000 SF
Year Built

2004
For Lease

$5,400.00/MO
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205 Plaza

10560 SE Washington Street, Cherry Park, Portland, OR
Property

Office

33,245 SF
Availability

1 Space

882 SF
Year Built

1975
For Lease

$16.00/SF/YR
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2727 NW Saint Helens Rd

2727 NW Saint Helens Rd, Northwest Forest Park - Willamette Heights, Portland, OR
Property

Industrial

13,975 SF
Availability

1 Space

13,975 SF
Year Built

2008
For Lease

$0.91/SF/MO
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Gango Editions

2187 NW Reed St, Nob Hill - Northwest District, Portland, OR
Property

Industrial

18,751 SF
Year Built

1949
For Sale

$5,000,000
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1000 Broadway

1000 SW Broadway, Downtown Portland, Portland, OR
Property

Office

417,436 SF
Availability Contact for availability
Year Built

1992
For Lease Contact for pricing
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830 Northeast Holladay Street
WeWork
830 Northeast Holladay Street, Portland, OR
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Bike storage

Cleaning services

Espresso bar

Game room

Hands-free dispensers

Heating & A/C

High-speed wifi

IT support
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1110 SE Alder Street

1110 SE Alder Street, Buckman, Portland, OR
Property

Office

14,760 SF
Availability

3 Spaces

6,324 SF
Year Built

1912
For Lease

$25.00 - $28.00/SF/YR
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4815-4831 Southeast Division Street

4815-4831 Southeast Division Street, Richmond, Portland, OR
Property

Retail

10,000 SF
Year Built

1927
For Sale

$1,950,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Portland commercial real estate market incorporates 18,718,806 square feet of office space across 322 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Portland commercial real estate market includes 5,535,130 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Portland market, there is a total of 11,366,859 square feet of industrial property.

The listing inventory in Portland incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Portland is represented by Industrial space, which accounts for 5,850,769 square feet of available listings. Office space available in Portland adds up to 5,480,516 square feet.

Meanwhile, most of the listings of commercial property for sale in Portland are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Portland is $22.04 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Portland can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $28.45 per square foot, industrial space in Portland saw average rents of $12.62 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Portland, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Portland is in the Downtown Portland neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Portland area.

Meanwhile, retail space opportunities are most abundant in the Downtown Portland submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Northwest Industrial.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $54.84 per square foot. In particular, the property type commanding the highest lease rates in Portland was Office space.

Conversely, the highest sale price last year was $52,800,000 that is located at 1800 SW 1st Avenue.

The average size of a commercial property in Portland depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Portland, the average size of an office property is 70,638 square feet.
Retail properties here incorporate an average of 43,930 square feet.
Industrial space in Portland is in buildings that are, on average 69,736 square feet in size.

Portland, OR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Portland currently add up to 13,672,174 square feet. The market offers 274 active office listing(s), which amount to 5,480,516 square feet and account for 48% of commercial spaces on the market. Local retail availability includes 920,775 square feet across 125 retail space(s). Industrial space for rent opportunities in Portland amount to 5,850,769 square feet across a total of 152 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	274	5,480,516
Retail	125	920,775
Industrial	152	5,850,769
Other	16	1,420,114

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Portland, OR. Currently, there is 3,232,636 square feet of commercial property for sale here , which includes 49 office building(s) for sale , 38 retail investment opportunity listing(s) , and 50 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	49	509,511
Retail	38	562,907
Industrial	50	988,642
Other	71	1,171,576

Portland, OR Commercial Real Estate Market Overview

Portland has a diverse past from its time as a pioneer city to ship-building center to today. And, while Portland was infamous for crime in the middle of the 20th century, it has since been transformed into a center for social progress, environmental preservation and technology. In fact, the city is one of only a handful in the nation that has an urban growth boundary that restricts urban development, thereby ensuring the city grows up and not out to avoid encroaching on the surrounding natural wilderness.

Portland, OR Commercial Real Estate for Lease and Sale

Mont Blanc Building

For Lease | 8,800 SF of Office Space in South Portland

6915 SW Macadam Avenue

Galleria Building

2724 SW Custer St

Fremont Place II

Portland, OR Warehouse for Rent - #1236 | 2,000-6,500 SF

Custom Woodworking

For Sale | 1136 SE Grand Avenue

13720-13730 NE Whitaker Way

5341 Southeast McLoughlin Boulevard

1410 Jefferson

Standard Insurance Center

1125-1135 SE Grand Ave

620 SW 5th Avenue

Portland International Plaza

Banfield Plaza

The Mayer Building

Lu Center

205 Plaza

2727 NW Saint Helens Rd

Gango Editions

1000 Broadway

830 Northeast Holladay Street

1110 SE Alder Street

4815-4831 Southeast Division Street

Frequently Asked Questions

Portland, OR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Portland, OR Commercial Real Estate Market Overview

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Portland, OR Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Portland, OR?

What factors affect the price of commercial real estate in Portland, OR?

What is the average rent for commercial space in Portland, OR?

What are the best areas for commercial real estate in Portland, OR?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Portland, OR?

Portland, OR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Portland, OR Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

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Popular Retail Searches

Popular Industrial Searches

About us