Birmingham Industrial

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
4,460
As of: July 25, 2017

Birmingham Rates

On average, listings lease in the $20's per square foot per year. The Birmingham submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Birmingham market, the Birmingham region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Birmingham Listing Supply

In the last 90 days, 105 listings have been posted online, so you'll want to check back regularly for new listings. About 227% of the office spaces in the Birmingham 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,460 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1970 and are Class B.

Birmingham Community

Market Report

Trends and status of the commercial real estate market in Birmingham.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Birmingham.
Research