Northeast Industrial

Northeast

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,440
As of: August 20, 2017

Northeast Rates

On average, listings lease in the $10's per square foot per year. The Northeast submarket is going through a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Northeast Listing Supply

In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available leases in the Northeast 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1968 and are Class A.

Northeast Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Most of the folk of Northeast work from home. Commuting between 30 and 45 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 Northeast.
Market Report

Market Data

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