Below is a list of the most common office leasing questions we receive from our Portland-area customers. If you have an office leasing question that isn’t answered here, please contact us and we’ll get an answer to you as soon as possible.
Our leasing partners will guide you through our property inventory to help you identify your ideal Portland Office Space opportunity. An appointment will be arranged for you to personally tour the available spaces. You can reach us via email here or by phone at (503) 852-2510. Upon making your selection, our leasing representatives will assist you in preparing an offer and answer any questions you may have along the way. Tenant improvements will be assessed with your representative and the corresponding departments. A written response is provided quickly and the final paperwork will be prepared.
Your costs for leasing office space are rarely limited to just the monthly rent cost. Ask our agents in advance what expenses are and are not included as part of your rental agreement. What utilities will you have to pay for? Will you have to pay for trash pickup, cleaning services, or any other common area fees? If something isn’t included, ask how much the monthly cost has been in the past and what services will be provided for you.
Let’s say you currently employ 10 people, so you can estimate you will need approximately 2,500 square feet of office space. Your monthly rental rate will be calculated by multiplying your rentable square footage by the annual rental rental rate, and then dividing the result by 12.
For example, if you have 2,500 square feet of rentable space and the annual rental rate is $25.00 per square foot, you would calculate 2,500 x $25.00 = $62,500 / 12 = $5,208.33 per month.
According to Greater Portland Inc, the average commercial Class A office space in Greater Portland currently rents for $25.46 per square foot. Our partner rates may vary. Please contact us at Portland Office Spaces for a personalized office rental quote. Our experts are standing by to assist you.
Most leases have annual percentage rent increases built in. These should be spelled out clearly in the lease agreement. Most Portland Office Spaces partners use the Consumer Price Index (CPI) as a gauge. Your annual adjustment will likely vary between a minimum of 3% to a maximum of 5%. To keep your annual rent increases under control, ask to have your lease written with an option to renew at a predetermined rate.
Fill out the Quote Request Form with the space requirements that best meet your needs. In the comments box at the bottom of the form, specify that you want to tour the available spaces. One of our leasing representatives will be in touch with you right away to help select and facilitate a tour. You can also call us at (503) 852-2510 or fill out our general contact form if you are unsure and would like to review a broader scope of options.
We get our office space listings from multiple sources including Portland-area property managers and property management companies, building owners, brokerage firms, user-generated information, and publicly available sources. We provide access to a database of up to 100 commercial properties for lease in the Portland metropolitan area going back several decades.
To become a Portland Office Spaces partner and begin to receive our tenant referrals, please email our team or call us at (503) 852-2510. As with our tenants, we’re here to help you grow your business.
Depending on where you’re looking to rent office space, you can expect to sign a 3 to 5-year lease, or more. If you choose a space based on your current number of employees, you could easily outgrow the space before the lease is up.
Ask our Portland Office Spaces representatives about our Relocation Advantage, which grants you the possibility of relocating to another one of our managed properties, should you outgrow your current lease.