On average, listings lease in the $50's per square foot per year. The Northeast region is experiencing a a boost in rates. In the last 3 months, the median rate increased $39 per sqft per year. That's a 216% increase in rent.
In the last 90 days, 158 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available leases in the Northeast 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,040 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the residents of Northeast work from home. Commuting between 30 and 45 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 Northeast.
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