On average, listings lease in the $10's per square foot per year. The Berkleigh submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.
In the last 90 days, 19 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available space in the Berkleigh are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1997 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of Berkleigh work from home. 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 Berkleigh.
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