2023 Office Space Rent & Sales
- $20.91 2023 Avg. Asking Rent
- 10.62% 2023 Office Vacancy Rate
Beaverton office price per square foot in 2023 was $20.91 on average. The local office market recorded an average vacancy rate of 10.62% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Beaverton Class B Office Space$21.18
- Beaverton Class C Office Space$17.00
- Oregon Class A & A+ Office Space$35.37
- Oregon Class B Office Space$23.28
- Oregon Class C Office Space$26.43
Beaverton, OR Office Asking Rents by Class
2023 Office Vacancy Rates in Beaverton
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Sunset Corridor | $24.44 | 6.94% |
Beaverton | $21.00 | 15.59% |
Coworking Spaces in Oregon
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2023 Office Construction in Beaverton, OR
Office building | Address | SF | Completed |
---|---|---|---|
217 Corporate Place | 6600 SW 105th Avenue, 97008 | 50,000 | 2003 |
Nimbus Corporate Center - Buildings 13, 14, 15 & 16 | 9600 SW Nimbus Avenue, 97008 | 166,679 | 1991 |
Murrayhill Marketplace | 14555 SW Teal Blvd, 97007 | 150,273 | 1987 |
Cornell Professional Center | 2155 NW 173rd Avenue, 97006 | 9,500 | 1987 |
Creekside Corporate Park - Building 9405 | 9405 SW Gemini Drive, 97008 | 46,000 | 1986 |
Cascade Square | 8625 SW Cascade Avenue, 97008 | 92,203 | 1985 |
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.
See reports for other markets
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- Salem Office Rent Price
- Eugene Office Rent Price
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- Denver Office Rent Price
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, 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 CommercialEdge can guarantee that the information provided is complete.