A Close Look At Portland Oregon

Article Written By: michaelvedder

The city of Portland, located in the west coast state of Oregon, is the most populated city in the northwest, behind only to Seattle. The estimated population of the city is around 582,130 at the city center, and upwards of 2.2 million residents in the greater metropolitan area. The city is often referred to as the The City of Roses” due in large part to the fact that the area has a great deal of rose gardens.

The economic portrait of the area is quite diverse, and offers a varied amount of employment options for people of all backgrounds and experience levels. The greater metropolitan area has grown at a rapid rate and is higher than the national average, with a great deal of the economic growth coming in the last several decades. Some of the larger industries in the area include politics, consumer goods, education, and public services just to name a few.

The area is home to several large companies including many corporations listed on the Fortune 500 and Fortune 1000. Some of the larger companies include, Air Oregon, Integra Telecom, Ace Hotel, Better World Club, Laika, Leatherman, Legacy Health, Rise Records, Reverb Records, Proteogenix, Powell's Books, Schnitzer Steel Industries, as well as other larger companies.

The unemployment rate of Portland has shifted in recent months and has proven to be quite good in contrast to the greater national economic picture. The unemployment rate of Portland is around 10%, which is higher than the national average, but looks to be on the decline.

Entrepreneurs and small business owners will agree that the greater Portland area has a large amount of retail and office space options. Office space in and around the area yields many positive pricing points and are comparable to other large cities. A recent survey of vacancies in the area showcased smaller office space options at around $475 a month with many amenities attached.

Larger spaces and amenities attached to 1,000 square foot spaces and suites were on average starting at around $1 - $3 a square foot and beyond. Location and amenities drive the price to higher levels, but the area has a great deal of commercial developments for business to take advantage of.

Higher education is important to those in the area, with many higher learning centers to take advantage of. Those looking for degrees in a variety of disciplines will find that there are favorable colleges and universities to explore. Some of the larger education centers in the area include, Portland State University, University of Portland, Lewis and Clark College, Art Institute of Portland, Heald College, Linfield College and many other large schools.

The large airport in the area is Portland International Airport which helps roughly 15 million passengers connect to their destinations with relative ease. The airport is one of the busiest in the nation and in the world, and has recently been upgraded in line with many other large airports in the nation.

About the Author

Office Space Heaven offers a free solution to anybody who is searching for portland executive suites.

You Can Link Directly to "A Close Look At Portland Oregon" by using the url:
http://www.allbestarticles.com//finance/real-estate/a-close-look-at-portland-oregon.html

This Article Has Been Published on Wed, 23 Feb 2011 and Read 235 Times

Find All Best Articles at http://www.allbestarticles.com

Rating: Not yet rated

Comments

No comments posted.

Add Comment

You do not have permission to comment. If you log in, you may be able to comment.

Related information on Real Estate

Why do I need a conveyancing solicitor when buying or selling real estate?
London Living: The Best in the World
Real Estate Toronto Neighborhoods and Property Hunting for Leases
The Affordable Secret of Mayfair Office Space
10 Ideas To Follow When Selling Your House
Property in Belgravia - London's Centre of Architectural Splendour
Is Abu Dhabi facing Dubai-like property slump?
Chesire England Serviced Offices.
Find out About Relevant Ideas To Choose Horse Stables
Pros and Cons of locating an office in Mayfair
Things to keep in mind when choosing where to locate an office in London
Guide To Buying A 2 To 5 Million Dollar Home In The Dell In Hollywood
When Selling A Home On Sunset Plaza, Point Out The Exclusiveness For The Fastest Sell
An In-Depth Look At The Toronto Home Market
What a Phoenix Real Estate Listing Will not Show That A Neighbor May
Which are the prime areas for office space in London?
Tips to make the most of your office space
How have commercial property prices in London been affected by the recession?
Benefits of working in Covent Garden
Investment opportunities in Pakistan Real Estate sector
Quit Claim Deed Basics
Dubai The Place To Be In Terms Of Property
Buy House in Philippines
Best way to write professional advertisement for Dubai properties
Things to consider while getting a house on rent