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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 January 4, 2017
 Hillsboro, OR  $1.72  $.52  $1.14
 Los Angeles, CA  $3.05  $.83 (min. 15,000 sf)  $2.09 (min. 2,500 sf)
 Portland, OR  $2.15  $.52  $1.25
 San Diego, CA  $2.64  $.90  $1.59
 San Francisco, CA  $4.78  $1.30  $3.64
 Seattle, WA  $2.93  $.79  $1.52

Construction Cost Index

Source: R.S. Means Construction Index, 2017
Metro Area
Materials
Labor
Total
Austin, TX
97.5
63.6
82.5
Denver, CO
102.2
74.2
89.8
Phoenix, AZ
98.8
72.7
87.3
Portland, OR
100
98.9 99.5
Salt Lake City, UT 103.4 69.6 88.5
San Francisco, CA
105.6
157.7
128.6
San Jose, CA 103.6
148.6
123.5
Seattle, WA 103.2
107.1
104.9

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