Southeast Meridian Industrial

Southeast Meridian

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,020
As of: August 17, 2017

Southeast Meridian Rates

Most listings are in the $10's per square foot per year. The Southeast Meridian submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 35% decline in rent.

Southeast Meridian Listing Supply

In the last 90 days, 8 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the listings in the Southeast Meridian 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,020 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 2005 and are Class A.

Southeast Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southeast Meridian folk. Commuting approximately 15 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 Southeast Meridian.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southeast Meridian.
Research