Redding Industrial

Redding

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,210
As of: August 21, 2017

Redding Rates

On average, listings lease in the $10's per square foot per year. The Redding region is seeing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 42% decrease in rent.

Redding Listing Supply

In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 44% of the office spaces in the Redding 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,210 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1985 and are Class C.

Redding 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 public transit is the most popular way to get to work amongst Redding occupants. Commuting under 5 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 Redding.
Market Report

Market Data

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