Where do aerospace and defence occupiers lease office space in Portland (OR)?

Most cluster in Lloyd District. Rent runs ~32 USD/sqft ($32 USD) for trophy and prime stock.

What fit-out spec do aerospace and defence occupiers run in Portland (OR)?

Typically high-end at $165–235/sqft.

How much office space per seat should a aerospace and defence occupier plan in Portland (OR)?

Plan ~210 sqft per seat blended. A 100-person team typically takes 21,000 sqft.

What NAICS codes describe the aerospace and defence vertical?

Representative NAICS 2022 codes: 3364, 5415.

What is the talent index in Portland (OR)?

78/100. Use the city profile for full detail.

Aerospace and defence occupiers in Portland (OR) typically cluster in Lloyd District, plan ~210 sqft per seat at high-end fit-out ($165–235/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.

Preferred submarket: Lloyd District.
Typical fit-out spec: High-end ($165–235/sqft).
Plan ~210 sqft per seat for headcount sizing.
Class A rent context: 32 USD/sqft ($32 USD).
Typical lease: 7 years with 16 months rent-free.
Talent depth in Portland (OR): 78/100.

Aerospace and defence office space in Portland (OR)

Aerospace and defence occupiers in Portland (OR) typically cluster in Lloyd District, plan ~210 sqft per seat at high-end fit-out">fit-out ($165–235/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.

TL;DR

Preferred submarket: Lloyd District.
Typical fit-out spec: High-end ($165–235/sqft).
Plan ~210 sqft per seat for headcount sizing.
Class A rent context: 32 USD/sqft ($32 USD).
Typical lease: 7 years with 16 months rent-free.
Talent depth in Portland (OR): 78/100.

Where they cluster

Aerospace and defence occupiers in Portland (OR) typically anchor in Lloyd District. Convention services, hospitality, tech, government, professional services.

What they pay

Class A rent in Portland (OR) runs 32 USD/sqft ($32 USD) on a 7-year lease with 16 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical aerospace and defence fit-out targets high-end specification at $165–235/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 210 sqft per seat blended (workstation + circulation + amenity). A 100-headcount aero/defence office in Portland (OR) typically targets 21,000 sqft of leasable area.

Talent angle

Programme leadership and contracting teams concentrate near government anchors; cleared-personnel logistics drive submarket selection. Strong tech, apparel, outdoor industry, and creative-class talent. Portland State, Oregon Health & Science, and Reed College anchor the local pipeline. Tech talent has softened since 2022 but remains deep.

Tax and lease context

Headline corporate tax: 26.6%. Modified-gross structures. 7-10 year terms standard. Free rent of 14-18 months and TI of $90-$130/sqft typical on a 10-year Class A deal. Concession-rich market.

Key facts

city	Portland (OR)
industry	Aerospace and defence
naics	3364, 5415
preferredSubmarket	Lloyd District
preferredFitoutSpec	High-end
fitoutBand	$165–235/sqft
sqftPerSeat	210
classARentLocal	32 USD/sqft/yr
classARentUsd	$32/sqft/yr
vacancyPct	27.8%
typicalLeaseYears	7
typicalRentFreeMonths	16
talentIndex	78
corporateTaxPct	26.6%

Frequently asked questions

Where do aerospace and defence occupiers lease office space in Portland (OR)?: Most cluster in Lloyd District. Rent runs ~32 USD/sqft ($32 USD) for trophy and prime stock.
What fit-out spec do aerospace and defence occupiers run in Portland (OR)?: Typically high-end at $165–235/sqft.
How much office space per seat should a aerospace and defence occupier plan in Portland (OR)?: Plan ~210 sqft per seat blended. A 100-person team typically takes 21,000 sqft.
What NAICS codes describe the aerospace and defence vertical?: Representative NAICS 2022 codes: 3364, 5415.
What is the talent index in Portland (OR)?: 78/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction