Olde Whitehall Industrial

Olde Whitehall

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,150
As of: June 28, 2017

Olde Whitehall Rates

Most listings are in the $20's per square foot per year. The Olde Whitehall submarket is going through a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.

Compared to the rest of the Metrolina market, the Olde Whitehall submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Olde Whitehall Listing Supply

In the last 90 days, 12 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 92% of the listings in the Olde Whitehall 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,150 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this area were built in 2003 and are Class A.

Olde Whitehall Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Olde Whitehall occupants. Commuting around an hour and a half 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 Olde Whitehall.
Market Report

Market Data

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