Midtown Industrial

Midtown

Market Report

Number of Listings
Posted in the last 90 days
33
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,000

Midtown Rates

Most listings are in the $30's per square foot per year. The Midtown submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Midtown Listing Supply

In the last 90 days, 332 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the listings in the Midtown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1980 and are Class A.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Midtown residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Midtown.
Research