Historic Cultural Industrial

Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
6,000
As of: August 18, 2017

Historic Cultural Rates

Most listings are in the $40's per square foot per year. The Historic Cultural submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a 100% increase in rent.

Historic Cultural Listing Supply

In the last 90 days, 29 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 62% of the available space in the Historic Cultural 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1957 and are Class B.

Historic Cultural Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Historic Cultural occupants. Commuting close to 20 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 Historic Cultural.
Market Report

Market Data

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