Historic Cultural Industrial

Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
3,430
As of: December 6, 2016

Historic Cultural Rates

The typical asking rate per listing is in the $50's per square foot per year. The Historic Cultural submarket is going through a an increase in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 11% increase in rent.

Historic Cultural Listing Supply

In the last 90 days, 29 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,430 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1941 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 residents. 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