On average, listings lease in the $10's per square foot per year. The Pioneer Valley region is seeing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.
Compared to the rest of the Greater Austin market, the Pioneer Valley region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 18 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,250 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1996 and are Class A.
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. Most of the folk of Pioneer Valley 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 Pioneer Valley.
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