Palms Industrial

Palms

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
1,490
As of: May 19, 2017

Palms Rates

The typical asking rate per listing is in the $50's per square foot per year. The Palms region is seeing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 8% increase in rent.

Palms Listing Supply

In the last 90 days, 9 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,490 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.

Palms 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 area. Commute by walking is the most popular way to get to work amongst Palms residents. Commuting around an hour and a half 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 Palms.
Market Report

Market Data

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