Central Business District Industrial

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,560
As of: June 24, 2017

Central Business District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Business District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year.

Central Business District Listing Supply

In the last 90 days, 19 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 168% of the office spaces in the Central Business District 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,560 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1927 and are Class B.

Central Business District Community

A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Business District folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research