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1,823 Commercial Real Estate Listings in Portland, OR

  • 1019 NW 11th Ave Portland - Portland
    1019 NW 11th Ave Portland, The Pearl, Portland, OR
    For Lease
    • $38 - $39/Sqft/Year
    Property
    • Retail
    • 620 Sqft
    Availability
    • 1 Space
    • 620 Sqft
    View Details
  • 29Fifty - Portland
    2950 NW 29th Ave, Northwest Industrial, Portland, OR
    For Lease
    • $0.55/Sqft/Year
    Property
    • Industrial
    • 62,338 Sqft
    Availability
    • 1 Space
    • 17,780 Sqft
    Year Built
    • 1956
    View Details
  • Downtown Portland Lease Opportunity - Portland
    5 NW 5th Ave, Old Town Portland - Chinatown, Portland, OR
    For Lease
    • $16/Sqft/Year
    Property
    • Office
    • 11,700 Sqft
    Availability
    • 1 Space
    • 2,840 Sqft
    Year Built
    • 1910
    View Details
  • Commonwealth Building - Portland
    411-421 SW 6th Avenue, Downtown Portland, Portland, OR
    For Lease
    • $32/Sqft/Year
    Property
    • Office
    • 224,000 Sqft
    Availability
    • 1 Space
    • 7,460 Sqft
    Year Built
    • 1947
    View Details
  • Rare Close In Flex Space For Lease - Portland
    4511 NE MLK Blvd, King, Portland, OR
    For Lease
    • $12/Sqft/Year
    Property
    • Retail
    • 5,865 Sqft
    Availability
    • 1 Space
    • 3,025 Sqft
    Year Built
    • 1955
    View Details
  • Brewery Block 1 - Portland
    1225 West Burnside Street, The Pearl, Portland, OR
    For Lease
    • $34/Sqft/Year
    Property
    • Office
    • 147,031 Sqft
    Availability
    • 1 Space
    • 8,350 Sqft
    Year Built
    • 1929
    View Details
  • Premier Gear & Machine Works Building - Portland
    1715 NW 17th Ave, Nob Hill - Northwest District, Portland, OR
    For Lease
    • $32/Sqft/Year
    Property
    • Office
    • 68,646 Sqft
    Availability
    • 2 Spaces
    • 68,645 Sqft
    Year Built
    • 1971
    View Details
  • Lloyd Center Tower - Portland
    825 NE Multnomah St, Lloyd District, Portland, OR
    For Lease
    • $38/Sqft/Year
    Property
    • Office
    • 428,325 Sqft
    Availability
    • 4 Spaces
    • 19,208 Sqft
    Year Built
    • 1981
    View Details
  • Close-In NE Retail/Flex Space - Portland
    3203- 3213 NE Sandy Boulevard, Kerns, Portland, OR
    For Lease
    • $16/Sqft/Year
    Property
    • Retail
    • 3,900 Sqft
    Availability
    • 1 Space
    • 1,242 Sqft
    Year Built
    • 1951
    View Details
  • Fox Tower - Portland
    805 SW Broadway, Downtown Portland, Portland, OR
    For Lease
    • $32/Sqft/Year
    Property
    • Office
    • 438,446 Sqft
    Availability
    • 4 Spaces
    • 29,946 Sqft
    Year Built
    • 2000
    View Details
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  • North Pearl Creative - Portland
    1435 NW Northrup, The Pearl, Portland, OR
    For Lease
    • $32/Sqft/Year
    Property
    • Office
    • 26,022 Sqft
    Availability
    • 3 Spaces
    • 26,022 Sqft
    Year Built
    • 1929
    View Details
  • 3077 NW St Helens Building - Portland
    3077 NW St Helens Rd, Northwest Industrial, Portland, OR
    For Lease
    • $24/Sqft/Year
    Property
    • Office
    • 9,763 Sqft
    Availability
    • 2 Spaces
    • 6,531 Sqft
    Year Built
    • 2000
    View Details
  • Wilcox Building - Portland
    506 SW Sixth Avenue, Downtown Portland, Portland, OR
    For Lease
    • $22/Sqft/Year
    Property
    • Office
    • 50,000 Sqft
    Availability
    • 1 Space
    • 4,200 Sqft
    Year Built
    • 1911
    View Details
  • Pacwest Center - Portland
    1211 SW Fifth Ave, Downtown Portland, Portland, OR
    For Lease
    • $32/Sqft/Year
    Property
    • Office
    • 547,992 Sqft
    Availability
    • 14 Spaces
    • 119,486 Sqft
    Year Built
    • 1984
    View Details
  • Lease Opportunity in Trendy NE Portland - Portland
    4110 NE Martin Luther King Jr Blvd, King, Portland, OR
    For Lease
    • $30/Sqft/Year
    Property
    • Retail
    • 27,240 Sqft
    Availability
    • 1 Space
    • 690 Sqft
    Year Built
    • 2015
    View Details
  • Downtown Portland Restaurant Lease Opportunity - Portland
    5 NW 5th Ave, Old Town Portland - Chinatown, Portland, OR
    For Lease
    • $10 - $26/Sqft/Year
    Property
    • Retail
    • 11,700 Sqft
    Availability
    • 2 Spaces
    • 5,120 Sqft
    Year Built
    • 1910
    View Details
  • Umpqua Bank Plaza - Portland
    One SW Columbia Street, Downtown Portland, Portland, OR
    For Lease
    • $25 - $41/Sqft/Year
    Property
    • Office
    • 294,738 Sqft
    Availability
    • 18 Spaces
    • 80,655 Sqft
    Year Built
    • 1974
    View Details
  • Broadway Commons - Portland
    225 SW Broadway, Downtown Portland, Portland, OR
    For Lease
    • $24.5/Sqft/Year
    Property
    • Office
    • 45,324 Sqft
    Availability
    • 3 Spaces
    • 16,132 Sqft
    View Details
  • Brewery Block 4 (M Financial Plaza) - Portland
    1122 NW Davis Street, The Pearl, Portland, OR
    For Lease
    • $34.5/Sqft/Year
    Property
    • Office
    • 270,000 Sqft
    Availability
    • 5 Spaces
    • 69,002 Sqft
    Year Built
    • 2003
    View Details
  • Pearl District Lease Opportunity - Portland
    1470 NW Overton, The Pearl, Portland, OR
    For Lease
    • $25/Sqft/Year
    Property
    • Office
    • 54,400 Sqft
    Availability
    • 1 Space
    • 1,885 Sqft
    Year Built
    • 2019
    View Details
  • The Grand - Portland
    716 SE Grand Ave, Buckman, Portland, OR
    For Lease
    • $10 - $26/Sqft/Year
    Property
    • Office
    • 14,000 Sqft
    Availability
    • 4 Spaces
    • 14,000 Sqft
    Year Built
    • 1904
    View Details
  • Lease Opportunity on Busy Powell Blvd. - Portland
    6303 SE Powell Blvd, South Tabor, Portland, OR
    For Lease
    • $925/Month
    Property
    • Retail
    • 1,602 Sqft
    Availability
    • 1 Space
    • 625 Sqft
    Year Built
    • 1949
    View Details
  • 200 Market Place - Portland
    200 SW Market Street, Downtown Portland, Portland, OR
    For Lease
    • $25.5 - $42/Sqft/Year
    Property
    • Office
    • 417,956 Sqft
    Availability
    • 8 Spaces
    • 99,499 Sqft
    Year Built
    • 1973
    View Details
  • Gresham Corporate Center - Gresham
    1550 NW Eastman Pkwy, Central Gresham City, Gresham, OR
    For Lease
    • $20 - $22/Sqft/Year
    Property
    • Office
    • 36,000 Sqft
    Availability
    • 3 Spaces
    • 6,154 Sqft
    Year Built
    • 1990
    View Details
  • First & Main - Portland
    100 SW Main Street, Downtown Portland, Portland, OR
    For Lease
    • $33/Sqft/Year
    Property
    • Office
    • 364,735 Sqft
    Availability
    • 1 Space
    • 4,738 Sqft
    Year Built
    • 2010
    View Details
  • Washington High School - Portland
    531 SE 14th Avenue, Buckman, Portland, OR
    For Lease
    • $36 - $38/Sqft/Year
    Property
    • Office
    • 113,505 Sqft
    Availability
    • 4 Spaces
    • 17,854 Sqft
    Year Built
    • 2015
    View Details

Portland, OR Commercial Real Estate

There are currently 1,715 commercial listings available in Portland, OR. These listings include 1,273 commercial spaces that encompass a total of 25,164,161 square feet. Available commercial spaces in Portland, OR range in size from 1 square feet to 10,000,000 square feet. A total of 1,048 off-market commercial properties located in Portland, OR are also available for research.

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Portland, OR Economic Overview

Location Photo

Located on the Willamette and Columbia Rivers, Portland is the largest city in Oregon and the second largest in the Northwestern United States. Its growing population of 640,000+ and its location on major shipping corridors makes Portland a crucial city for economic activity in the U.S. In this economic atmosphere, opportunity is abundant and growing, which also contributes to the dynamic Portland commercial real estate market.

Portland’s economy is driven primarily by international business corporations, international shipping, technology companies, fishing and forestry. In its immediate vicinity are the Portland dry docks, the third largest dry docks in the United States, and the Portland Port, located 80 miles up-river, also one of the largest in the country. The city is home to over 1,000 tech companies, warranting the recently attributed nickname “Silicon Forest.” Moreover, many athletic and footwear companies have national or international headquarters in the city, including Nike, Adidas, Dr. Martens, and Columbia.

Portland, OR Commercial Real Estate Market

Portland is divided into five “quadrants,” split roughly by the Willamette River: North Portland, Northeast Portland, Southeast Portland, Southwest Portland, and Northwest Portland. Each of these have numerous neighborhoods where a business can find real estate out of which to operate a business. While major neighborhoods are listed below, it is important to remember two things about Portland: the first is that its recent boom in population and business has caused the rate of living and price of real estate to rise, a trend not likely to end any time soon. The second is that Portland’s government has created an economic atmosphere nearly perfect for businesses, including low tax rates and other incentives to continue growing the economy.

The Downtown Portland office market is expansive and expanding. A rather compact downtown, skyscrapers continue to open up along with floors of already existing buildings. It is surrounded by major neighborhoods offering economic opportunities and, due to its walkability, remains close to every major neighborhood of the city. With Portland’s sales tax virtually non-existent, downtown is a perfect location for businesses to open and begin operations.

Pearl District business space is also expansive, but can be quite costly. Formerly the industrial center of the city, art galleries, restaurants, and retail stores now operate out of the former factories. It is one of the wealthiest neighborhoods in the city and offers great real estate for businesses involved in food, fashion, or art industries.

Overlook industrial space. Though only one neighborhood amongst many, Overlook is home to Adidas North America. This is just one example of a corporation being able to set up shop in the area: nearby Beaverton is home to Nike, and Washington County—just south of Portland—is home to Columbia. The outskirts of the city are home to large real estate spaces that can be used to build business.

Portland, OR Office Rental Rates ($/SF/year)

Data provided by Yardi Matrix, for properties larger than 50K SF.

Portland, OR Office Sales

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Portland, OR Commercial Inventory Breakdown

Office Spaces

Total: 41,487,089 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 8,586,245 SF / 20.7% of total office
  • 100k to 500k SF: 24,393,298 SF / 58.8% of total office
  • 500k to 1M SF: 6,433,882 SF / 15.51% of total office
  • > 1M SF: 2,073,664 SF / 5% of total office

By class:

  • Class A+: 2,527,645 SF / 6.09% of total office
  • Class A: 19,856,523 SF / 47.86% of total office
  • Class B: 14,351,989 SF / 34.59% of total office
  • Class C: 1,137,462 SF / 2.74% of total office

Industrial

Total: 73,524,134 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 15,853,635 SF / 21.56% of total industrial
  • 100k to 500k SF: 44,722,513 SF / 60.83% of total industrial
  • 500k to 1M SF: 10,793,477 SF / 14.68% of total industrial
  • > 1M SF: 2,154,509 SF / 2.93% of total industrial

By class:

  • Class A: 18,958,253 SF / 25.79% of total industrial
  • Class B: 44,183,075 SF / 60.09% of total industrial
  • Class C: 7,078,031 SF / 9.63% of total industrial

Office Spaces with Retail

Total: 15,017,560 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 3,619,426 SF / 24.1% of total office with retail
  • 100k to 500k SF: 8,562,851 SF / 57.02% of total office with retail
  • 500k to 1M SF: 1,555,283 SF / 10.36% of total office with retail
  • > 1M SF: 1,280,000 SF / 8.52% of total office with retail

Employment in Portland, OR

Employment

Portland’s unemployment rate of 3.4% is one of the lowest in the United States and a full percentage point below the national average (which is at 4.7%). Office and administrative support in the city’s numerous businesses and government facilities, sales, and transportation make up for most of the employment in the area. Not surprisingly, with the rate of growth in the city, architecture, engineering, and construction jobs also have a high rate of employment. However, as previously mentioned, tech companies—in particular, Intel—and Nike are the largest employers in the state.

Education in Portland, OR

The Portland area’s education sector is expansive. Portland proper has six public school districts, with Portland Public Schools being the largest. There are also a large number of private schools that serve a wide array of demographic groups, including the Northwest Academy, Portland Jewish Academy, and St. Mary’s Academy.

The area is also home to major institutions of higher education. Portland State University is located in downtown Portland and has the second largest enrollment numbers next to Oregon State University, which is located in Corvallis, only 85 miles south. Other notable institutions that are located in the city are The University of Portland, a large private university; nearby Reed College, one of the best liberal arts institutions in the United States, and Lewis & Clark College, another thriving liberal arts institution.

Commuting Time in Portland, OR

Portland’s commuting time can be tricky due to the wide array of available transportation types available to residents. For vehicle owners, Portland’s traffic jams can be a real headache: according to Oregon Live, Portland’s traffic jams are ranked in the top-ten worst in the United States. However, Portland is also home to numerous bike paths, an extensive bus system, and a light rail and streetcar system that is so efficient that it is almost unmatched in the rest of the United States. Numerous companies operate in the downtown area, a neighborhood that is highly compact and easily walkable.

Portland Demographics

Population

  • Total Population645,291
  • Male Population(49.6 %) 319,869
  • Female Population(50.4 %) 325,422
  • Median Age37.10

Income/Financial

  • Average Household Income$96,000
  • Median Household Income$71,005
  • Median Income Under 25$32,330
  • Median Income 25-44$80,048
  • Median Income 45-64$77,877
  • Median Income Over 65$50,013

News

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