Upper State Commercial Real Estate

Upper State

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
720

Upper State Rates

The typical asking rate per listing is in the $40's per square foot per year. The Upper State region is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 4% rise in rent.

Upper State Listing Supply

In the last 90 days, 40 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the Upper State are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 720 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1968 and are Class A.

Upper State Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Upper State occupants. Commuting around 30 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 Upper State.
Research