The typical asking rate per listing is in the $50's per square foot per year. The Uptown submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 16% decrease in rent.
In the last 90 days, 363 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Uptown are subleases, so you might be able to snag a great spot on a short term. 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 3,310 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 9 floors. Most buildings in this market were built in 1946 and are Class B.
This region is fairly equally mixed residential and commercial. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Uptown folk. Commuting approximately 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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