Congress West Industrial

Congress West

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$69
Median Size (sqft)
18,200
As of: August 19, 2017

Congress West Rates

The typical asking rate per listing is in the $60's per square foot per year. The Congress West region is going through a an increase in rates. In the last 3 months, the median rate increased $69 per sqft per year.

Congress West Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Congress West are subleases, so you might be able to find a shorter term or below market rent. 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 18,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1949 and are Class B.

Congress West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the occupants of Congress West work from home. Commuting approximately 30 minutes 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 Congress West.
Market Report

Market Data

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