Portland Office Space for Rent

Flexible Office Space for Rent iin Portland Oregon

We have flex space for rent including private office space, shared spaces, creative office space and executive suites in Portland OR available now on flexible short term contracts with affordable rental rates. Located in fantastic sites downtown and in other major office markets throughout Portland, the office spaces we feature include a huge range of modern facilities, state-of-the-art technology, friendly environments and professional support services. All of this for a single monthly rental rate. Some also offer extras such as event space, bike storage and most feature easy access to public transit options.

We are experts in helping companies find the office space they need no matter what requirements they have, how many offices or workstations they want or how long they want to rent it for.

To get started have a look at the executive offices and shared office space listed above, view the photos and let us know which ones you like best by adding them to your quick quotes form shortlist. Or just call us now on 972-913-2742 and tell us what you're looking for and we'll find it for you.

Office Space Costs and Prime Locations in Portland

There is approximately 45 million square feet of office space in Portland, divided into three main office sub-markets:

• Central Business District office space
• Portland East office space
• Portland West office space

The town of Vancouver (located 10 miles away from the downtown area across the Columbia River) is often considered a suburban office sub-market, part of Greater Portland.

Prime Office Space Locations: Within the central business district, the largest concentration of office buildings is in North of Market / Yamhill and East Broadway. Outside of the central business district, the largest office sub-markets are Lake Oswego / Kruse Way, I-5, Highway 217, and Close-In Eastside.

Office Space Costs: The most noticeable trends in the Portland office space market are steady gains in occupancy rates and leasing activity, as well as rising rents, which average of $26 / sq ft / year. Class A office space rents are at their highest in North of Yamhill, Close-In Northwest, and Lloyd District (above $40 / sq ft / year), and average asking rates for Class A offices in Vancouver are $24 / sq / ft year.

Vacancy Rates: Vacancy rates for office space are just above 10 percent in Greater Portland but can be significantly lower in Lloyd District, Wilsonville, Clackamas, and Sunnyside. On the other hand, office space availability is high in Washington Square, Tualatin, and North of Yamhill (2017 data).

New Office and Cowork Spaces: Construction data suggest that the Portland office market will keep expanding at moderate rates, and particularly so in areas like Close-In Northwest, Yamhill, and Close-In Eastside, where several office towers are being built.

Finding Office Spaces in Portland OR

We feature office space, executive suites and shared workspaces in prime Portland locations including the downtown area. To find out more about a particular office or cowork space you can click the picture to read more about it, submit the form to receive information or just give us a call on 972-913-2742.

Why You Should Rent Offices in Portland

Portland has a metropolitan area population of over 2 million people, and the city's demographic makeup is one of its most important assets. Portland is considered one of the hottest job markets in the United States and attracts young professionals with its active employment market and high livability rankings.

The city of Portland is located in the heart of a region that is rich in natural resources, a fact that has been paramount to the city's growth throughout the early 20th century. Nowadays, the local industry base is sustained by the clean energy, shipping, and transportation sectors, along with sports and footwear manufacturing, healthcare, wholesale trade, and education.

Major Employers: The Port of Portland is one of the largest facilities of its kind in the West Coast of the United States and provides nearly 30,000 jobs. Other important employers in the Greater Portland area include Intel, Nike, Daimler Trucks, Xerox, Columbia Sportswear, Adidas, Boeing, Precision Castparts, Leatherman Tools, and Iberdrola.

Important Industries: The largest occupational groups are sales, office and admin support, manufacturing, trade, logistics, construction, building maintenance, education, leisure, management, business, and finance, and tech job creation rates are among the nation's highest. In fact, Portland is one of the top destinations for qualified tech professionals, and many are choosing to relocate here from San Francisco and the Bay Area, meaning that the availability of specialized talent is high, especially in areas like hardware and software development, online gaming, and e-commerce.

Business Incentives: Portland has one of the top 10 most business-friendly tax climates in the United States and offers several government-funded initiatives to support the establishment and growth of small and medium-sized businesses. Tax incentives are available in the form of property tax abatements, business expansion loans, and job creation tax credits, although these are just some of the support schemes available.

Let Us Help You Search for Portland Office Space

Our experts are on hand to help you through the process of trying to find the perfect workspace in Portland, OR whether you need shared workspace downtown or fully serviced, professional office space in Portland's Pearl District. Call us now on 972-913-2742 and let us help you find your perfect office or cowork spaces in Portland, OR.