University City Industrial

University City

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
7,500
As of: June 21, 2017

University City Rates

The typical asking rate per listing is in the $20's per square foot per year. The University City region is going through a an increase in rates. In the last 3 months, the median rate increased $23 per sqft per year.

University City Listing Supply

In the last 90 days, 12 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 17% of the available space in the University City 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 7,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1959 and are Class B.

University City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the residents of University City work from home. Commuting under 5 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 University City.
Market Report

Market Data

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