Lower Hills District Industrial

Lower Hills District

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,600
As of: January 22, 2017

Lower Hills District Rates

On average, listings lease in the $30's per square foot per year. The Lower Hills District submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 18% decline in rent.

Lower Hills District Listing Supply

In the last 90 days, 2 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1959 and are Class B.

Lower Hills District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Lower Hills District occupants. Commuting between 30 and 45 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 Lower Hills District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower Hills District.
Research