Southeast Meridian Industrial

Southeast Meridian

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,810
As of: December 9, 2016

Southeast Meridian Rates

On average, listings lease in the $20's per square foot per year. The Southeast Meridian submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

Southeast Meridian Listing Supply

In the last 90 days, 19 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Southeast Meridian are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,080 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area 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 market. Commute by bike is the most popular way to get to work amongst Southeast Meridian occupants. Commuting around 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