Birmingham Industrial

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,000
As of: May 21, 2017

Birmingham Rates

Most listings are in the $20's per square foot per year. The Birmingham submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Birmingham market, the Birmingham submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Birmingham Listing Supply

In the last 90 days, 105 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the listings in the Birmingham 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1977 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