Upper Eastside Industrial

Upper Eastside

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
3,840
As of: June 27, 2017

Upper Eastside Rates

On average, listings lease in the $40's per square foot per year. The Upper Eastside region is seeing a a boost in rates. In the last 3 months, the median rate rose $46 per sqft per year.

Compared to the rest of the Gold Coast market, the Upper Eastside region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Upper Eastside Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 600% of the office spaces in the Upper Eastside 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,840 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1965 and are Class B.

Upper Eastside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Upper Eastside residents. 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 Upper Eastside.
Market Report

Market Data

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