Beaverton Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $21.96 2024 Avg. Asking Rent
  • 16.64% 2024 Office Vacancy Rate

Beaverton office price per square foot in 2024 was $21.96 on average. The local office market recorded an average vacancy rate of 16.64% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Oregon Class A & A+ Office Space$33.32
  • Oregon Class B Office Space$25.72
  • Oregon Class C Office Space$18.77

Beaverton, OR Office Asking Rents by Class

2024 Office Vacancy Rates in Beaverton

Submarket Asking Rents Vacancy Rates
Sunset Corridor $24.45 14.98%
Beaverton $22.94 21.18%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Beaverton market was 16.64% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Beaverton was 14.98% in the Sunset Corridor submarket, while the highest office vacancy in the market was 21.18%, recorded in Beaverton.

Office Spaces for Rent in Oregon

Coworking Spaces in Oregon

2024 Office Construction in Beaverton, OR

Largest Office Properties Recently Completed in Beaverton
Office building Address SF Completed
217 Corporate Place 6600 SW 105th Avenue, 97008 50,000 2003
Beaverton Creek - Buildings 19 & 20 2555 SW 153rd Drive, 97006 82,726 1999
16100 NW Cornell Road 16100 NW Cornell Road, 97006 36,834 1996
Nimbus Corporate Center - Buildings 13, 14, 15 & 16 9600 SW Nimbus Avenue, 97008 166,679 1991
Cornell Oaks Corporate Center, Heartwood 15220 NW Greenbrier Pkwy, 97006 169,319 1986
Creekside Corporate Park - Building 9405 9405 SW Gemini Drive, 97008 46,000 1986
Nimbus Corporate Center - Buildings 10, 11 & 12 9305 SW Nimbus Avenue, 97008 140,324 1984
Creekside Corporate Park - Buildings 8905 & 9205 8905 SW Nimbus Avenue, 97008 116,746 1984
Nimbus Corporate Center - Buildings 1 & 2 9595 SW Gemini Drive, 97008 103,671 1984
Creekside Corporate Park - Buildings 8700, 8705 & 8770 8705 SW Nimbus Avenue, 97008 98,608 1984

Worth noting among recent office completions on the Beaverton market is 217 Corporate Place, which is currently the largest new office development in the city, at 50,000 square feet.

Data provided by Yardi Research

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Beaverton commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.