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Real Estate

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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; average market rent per SF as of January 16, 2020
 Hillsboro, OR  $2.07  $0.96
 $1.14
 Los Angeles, CA  $3.38  $1.11
 $1.72
 Portland, OR  $2.26  $0.76  $1.24
 San Diego, CA  $2.89  $1.37  $2.16
 San Francisco, CA  $5.77  $1.83
 $2.95
 Seattle, WA  $3.13  $0.91
 $1.73

 

Construction Cost Index

Source: R.S. Means Construction Index, 2019
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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