Highland Industrial Space

Highland

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,300

Highland Rates

Most listings are in the $10's per square foot per year. The Highland region is going through a a rise in rates. In the last 3 months, the median rate went up $15 per sqft per year.

Compared to the rest of the Chicagoland market, the Highland submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Highland Listing Supply

In the last 90 days, 17 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 29% of the office spaces in the Highland are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1976 and are Class A.

Highland Community

Market Data

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