Morris Hill Industrial

Morris Hill

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,330
As of: March 12, 2017

Morris Hill Rates

On average, listings lease in the $20's per square foot per year. The Morris Hill submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 27% rise in rent.

Morris Hill Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Morris Hill are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1983 and are Class B.

Morris Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Morris Hill folk. Commuting approximately 10 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 Morris Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Morris Hill.
Research