Union Square Industrial

Union Square

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,020
As of: July 25, 2017

Union Square Rates

Most listings are in the $20's per square foot per year. The Union Square region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.

Compared to the rest of the Denver Metro market, the Union Square submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Union Square Listing Supply

In the last 90 days, 19 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 42% of the available leases in the Union Square 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,020 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this region were built in 1982 and are Class B.

Union Square 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 market. Most of the folk of Union Square work from home. Commuting between 20 and 25 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 Union Square.
Market Report

Market Data

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