Birmingham Industrial

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
5,000
As of: March 29, 2017

Birmingham Rates

On average, listings lease in the $20's per square foot per year. The Birmingham region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.

Compared to the rest of the Birmingham market, the Birmingham region has less expensive 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 5% of the listings in the Birmingham 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.

Even though the median size is 3,510 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1978 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