Historic Midtown Industrial

Historic Midtown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,320
As of: July 26, 2017

Historic Midtown Rates

The typical asking rate per listing is in the $10's per square foot per year. The Historic Midtown region is going through a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year.

Historic Midtown Listing Supply

In the last 90 days, 3 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Historic Midtown 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 4,320 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1971 and are Class B.

Historic Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Historic Midtown 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 Historic Midtown.
Market Report

Market Data

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