2024 Office Space Rent & Sales
- $24.40 2024 Avg. Asking Rent
- 11.36% 2024 Office Vacancy Rate
Eugene office price per square foot in 2024 was $24.40 on average. The local office market recorded an average vacancy rate of 11.36% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Eugene Class A & A+ Office Space$25.91
- Eugene Class B Office Space$22.35
- Oregon Class A & A+ Office Space$33.32
- Oregon Class B Office Space$25.72
- Oregon Class C Office Space$18.77
Eugene, OR Office Asking Rents by Class
2024 Office Vacancy Rates in Eugene
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Eugene - North | $26.33 | 7.91% |
Eugene - Central | $23.62 | 16.88% |
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2024 Office Construction in Eugene, OR
Office building | Address | SF | Completed |
---|---|---|---|
The Woolworth | 940 Willamette Street, 97401 | 40,000 | 2012 |
The Ten Coburg | 10 Coburg Road, 97401 | 34,000 | 2009 |
Chase Gardens Medical Center North | 330 South Garden Way, 97401 | 91,392 | 2008 |
10th & Mill Building | 360 East 10th Avenue, 97401 | 57,774 | 2002 |
4710 Village Plaza Loop | 4710 Village Plaza Loop, 97401 | 27,230 | 1999 |
2975 Chad Drive | 2975 Chad Drive, 97408 | 151,187 | 1998 |
920 Country Club Road | 920 Country Club Road, 97401 | 35,642 | 1998 |
800 Willamette Street | 800 Willamette Street, 97401 | 90,512 | 1995 |
190 West 8th Avenue | 190 West 8th Avenue, 97401 | 106,000 | 1993 |
450 Country Club Road | 450 Country Club Road, 97401 | 100 | 1992 |
Worth noting among recent office completions on the Eugene market is The Woolworth, which is currently the largest new office development in the city, at 40,000 square feet.
See reports for other markets
- Portland Office Rent Price
- Salem Office Rent Price
- Beaverton Office Rent Price
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Eugene commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.