The typical asking rate per listing is in the $60's per square foot per year. The Uptown submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 28% rise in rent.
In the last 90 days, 363 listings have been made available, so you'll want to check back regularly for new listings. About 13% of the available leases in the Uptown 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 3,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 9 floors. Most buildings in this region were built in 1946 and are Class B.
This region is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Uptown folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Uptown.
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