2020 Office Space Rent & Sales
- $27.44 2020 Avg. Asking Rent
- 17.20% 2020 Office Vacancy Rate
Gresham office price per square foot in 2020 was $27.44 on average. The local office market recorded an average vacancy rate of 17.20% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Gresham Class B Office Space$27.76
- Gresham Class C Office Space$18.81
- Oregon Class A Office Space$37.50
- Oregon Class B Office Space$26.39
- Oregon Class C Office Space$18.76
Gresham, OR Office Asking Rents by Class
2020 Office Construction in Gresham, OR
- Gresham, OR Total Sqft completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Gresham office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|Downtown Rockwood - Building A||18535 SE Stark Street, 97233||53,038||2020|
|Legacy Mount Hood Medical Center - Building 4||25050 SE Stark Street, 97030||60,000||2015|
|Burnside Plaza||1520 NE 8th Street, 97030||28,112||2010|
|1700 NW Civic Drive||1700 NW Civic Drive, 97030||39,460||2007|
|Mount Hood Professional Plaza||24076 SE Stark Street, 97030||32,478||2006|
|Gresham Station Medical Plaza||1867 NW Civic Drive, 97030||100,419||2004|
|Legacy Mount Hood Medical Center - Building 3||24988 SE Stark Street, 97030||47,340||1996|
|Gresham Corporate Center||1550 NW Eastman Pkwy, 97030||36,000||1990|
|Kaiser Permanente Rockwood Medical Office||19500 SE Stark Street, 97233||63,566||1986|
|Legacy Mount Hood Medical Center - Building 1||24900 SE Stark Street, 97030||27,886||1984|
Worth noting among recent office completions on the Gresham market is Downtown Rockwood - Building A, which is currently the largest new office development in the city, at 53,038 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Gresham 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 CommercialEdge can guarantee that the information provided is complete.