Uptown Industrial

Uptown

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
4,630
As of: December 10, 2016

Uptown Rates

On average, listings lease in the $30's per square foot per year. The Uptown submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 16% decrease in rent.

Compared to the rest of the Metrolina market, the Uptown submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Uptown Listing Supply

In the last 90 days, 47 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Uptown 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,630 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 15 floors. Most buildings in this market were built in 1974 and are Class A.

Uptown Community

This region is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this market. Most of the residents of Uptown work from home. 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 Uptown.
Market Report

Market Data

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