Upper Eastside Industrial

Upper Eastside

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
7,500
As of: February 27, 2017

Upper Eastside Rates

The typical asking rate per listing is in the $10's per square foot per year. The Upper Eastside submarket is going through a decrease in rates. In the last 3 months, the median rate fell $29 per sqft per year. That's a 59% decline in rent.

Compared to the rest of the Gold Coast market, the Upper Eastside submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Upper Eastside Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 7,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 3 stories. 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 area. Commute by bike is the most popular way to get to work amongst Upper Eastside occupants. Commuting close to 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