Union Square Industrial

Union Square

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,490
As of: January 18, 2017

Union Square Rates

On average, listings lease in the $30's per square foot per year. The Union Square submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Denver Metro market, the Union Square region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Union Square Listing Supply

In the last 90 days, 17 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 24% of the available space in the Union Square 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 3,490 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 4 stories. Most buildings in this area 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