Portland, OR Commercial Real Estate for Lease - 570 Listings

The Dairy Building

2715 SE 8th Avenue, Hosford - Abernethy, Portland, OR
Property

Office

46,834 SF
Availability

3 Spaces

6,817 SF
Year Built

2017
For Lease

$21.00 - $24.00/SF/YR
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For Lease | Birtcher Center @ Townsend Way, Building C

22867-22887 NE Townsend Way, Fairview, OR
Property

Industrial
Availability

1 Space

47,395 SF
For Lease Contact for pricing
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Cascade Station

9830 NE Cascade Parkway , Portland International Airport, Portland, OR
Property

Office

39,292 SF
Availability

2 Spaces

5,351 SF
For Lease

$32.00/SF/YR
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For Lease | 1022 SW Salmon

1022 SW Salmon St, Downtown Portland, Portland, OR
Property

Office
Availability

1 Space

5,345 SF
For Lease Contact for pricing
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For Lease | 2,633 SF Creative office/retail space in the Mt. Hood Meadows Building

1202 NW 17th Ave, Nob Hill - Northwest District, Portland, OR
Property

Office
Availability

1 Space

2,633 SF
For Lease Contact for pricing
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2386 NW Hoyt St

2386 NW Hoyt St, Nob Hill - Northwest District, Portland, OR
Property

Office

6,819 SF
Availability

3 Spaces

3,155 SF
Year Built

1914
For Lease

$24.00 - $41.46/SF/YR
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10234 NE Glisan St

10234 NE Glisan St, Hazelwood, Portland, OR
Property

Retail

3,440 SF
Availability

1 Space

3,440 SF
For Lease

$18.00/SF/YR
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4645 NE 135th Ave

4645 NE 135th Ave, Argay, Portland, OR
Property

Industrial

3,412 SF
Availability

1 Space

3,412 SF
Year Built

1928
For Lease

$4,000.00/MO
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Terminal Sales Building

1220 SW Morrison Street, Downtown Portland, Portland, OR
Property

Office

117,628 SF
Availability

30 Spaces

68,727 SF
Year Built

1937
For Lease

$16.00 - $21.50/SF/YR
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Spaces 1435 NW Northrup Street
Spaces
1435 Northwest Northrup Street, Portland, OR
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Framework Building

160 NE 6th Ave., Kerns, Portland, OR
Property

Office

19,054 SF
Availability

4 Spaces

10,679 SF
Year Built

2015
For Lease Contact for pricing
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For Lease | 4.06 acres of industrial outdoor storage space

5305 NE 115th Ave, Parkrose, Portland, OR
Property

Other
Availability

1 Space

4.06 Acre
For Lease Contact for pricing
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For Lease | The Water Tower

5331 S Macadam Ave, Corbett - Terwilliger - Lair Hill, Portland, OR
Property

Office
Availability

1 Space

14,124 SF
For Lease Contact for pricing
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Close-In NE Retail/Flex Space

3203- 3213 NE Sandy Boulevard, Kerns, Portland, OR
Property

Retail

4,595 SF
Availability

1 Space

1,548 SF
Year Built

1951
For Lease

$14.00/SF/YR
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3675 SW Troy St.

3675 SW Troy St., Multnomah, Portland, OR
Property

Retail

6,617 SF
Availability

1 Space

6,117 SF
For Lease Contact for pricing
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For Lease > Industrial Space at Holman Logistics Center

11100 NE Holman St, Parkrose, Portland, OR
Property

Industrial
Availability

1 Space

14,330 SF
For Lease Contact for pricing
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315 317 NW Davis St

315 317 NW Davis St, Old Town Portland - Chinatown, Portland, OR
Property

Office

11,520 SF
Availability

3 Spaces

7,601 SF
Year Built

1910
For Lease

$19.00/SF/YR
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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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Pepco Building

1701 SE Water Ave, Hosford - Abernethy, Portland, OR
Property

Industrial

24,000 SF
Availability

1 Space

24,000 SF
Year Built

1927
For Lease

$0.95/SF/MO
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Pioneer Park Building

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

Office

46,928 SF
Availability

9 Spaces

16,382 SF
Year Built

1913
For Lease

$24.00/SF/YR
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Sixth+Main

1050 SW 6th Avenue, Downtown Portland, Portland, OR
Property

Office

384,951 SF
Availability

12 Spaces

107,441 SF
Year Built

1982
For Lease Contact for pricing
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Jeffrey Center

1020 SW Taylor Street, Downtown Portland, Portland, OR
Property

Office

93,024 SF
Availability

37 Spaces

35,974 SF
Year Built

1926
For Lease

$18.00 - $22.00/SF/YR
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For Sublease | Hard-to-find small warehouse in close-in Southeast Portland

1634 SE Brooklyn St, Hosford - Abernethy, Portland, OR
Property

Industrial
Availability

1 Space

2,000 SF
Year Built

1961
For Lease Contact for pricing
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Fremont Place I & II

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

Office

121,500 SF
Availability

1 Space

15,829 SF
Year Built

1987
For Lease Contact for pricing
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For Lease | Crane Served Buildings and Yard - Columbia Steel Campus

10425 N Bloss Ave, St. Johns, Portland, OR
Property

Industrial
Availability

1 Space

83,595 SF
For Lease Contact for pricing
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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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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 - 570 Listings

The Dairy Building

For Lease | Birtcher Center @ Townsend Way, Building C

Cascade Station

For Lease | 1022 SW Salmon

For Lease | 2,633 SF Creative office/retail space in the Mt. Hood Meadows Building

2386 NW Hoyt St

10234 NE Glisan St

4645 NE 135th Ave

Terminal Sales Building

Spaces 1435 NW Northrup Street

Framework Building

For Lease | 4.06 acres of industrial outdoor storage space

For Lease | The Water Tower

Close-In NE Retail/Flex Space

3675 SW Troy St.

For Lease > Industrial Space at Holman Logistics Center

315 317 NW Davis St

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

Pepco Building

Pioneer Park Building

Sixth+Main

Jeffrey Center

For Sublease | Hard-to-find small warehouse in close-in Southeast Portland

Fremont Place I & II

For Lease | Crane Served Buildings and Yard - Columbia Steel Campus

Lu Center

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 - 570 Listings

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

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us