Mid-City Industrial

Mid-City

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$77
Median Size (sqft)
2,960
As of: June 24, 2017

Mid-City Rates

Most listings are in the $70's per square foot per year. The Mid-City region is experiencing a a rise in rates. In the last 3 months, the median rate rose $77 per sqft per year.

Mid-City Listing Supply

In the last 90 days, 28 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 79% of the listings in the Mid-City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,960 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this region were built in 1972 and are Class A.

Mid-City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Mid-City work from home. Commuting approximately 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 Mid-City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mid-City.
Research