Transit Village Industrial

Transit Village

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,030
As of: February 26, 2017

Transit Village Rates

The typical asking rate per listing is in the $20's per square foot per year. The Transit Village region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.

Transit Village Listing Supply

In the last 90 days, 16 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Transit Village are subleases, so you will probably have to consider a longer term 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 3,030 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1978 and are Class A.

Transit Village Community

This market is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Most of the occupants of Transit Village work from home. 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 Transit Village.
Market Report

Market Data

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