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Commercial Real Estate in Hillsboro

Hillsboro has a healthy commercial real estate market. Companies looking for existing property to lease will find a number of suitable options, as well as competitive lease rates that are among the lowest of major metropolitan areas on the West Coast.

 City  Office  Industrial  Flex
Source: CoStar, gross lease rates per square foot per year as of January 2, 2019
 Hillsboro, OR  $1.86  $1.08 (15,000 sq ft min.)
 $1.03
 Los Angeles, CA  $3.22  $1.07 (15,000 sq ft min.)
 $2.21
 Portland, OR  $2.45  $0.66  $1.41
 San Diego, CA  $2.90  $1.05  $2.20
 San Francisco, CA  $5.06  $2.11 (15,000 sq ft min.)
 $4.14
 Seattle, WA  $3.00  $1.10 (15,000 sq ft min.)
 $1.62

 

Construction Cost Index

Source: R.S. Means Construction Index, Q3 2018
Metro Area
Materials
Labor
Total
Hillsboro-Portland, OR
100.2 100.4
100.3
San Francisco, CA
106.3
158.1
128.3
San Jose, CA
102.1
151.7
123.4
Seattle, WA
106 107.4 106.6

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