Albany Industrial

Albany

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,050
As of: July 24, 2017

Albany Rates

Most listings are in the $20's per square foot per year. The Albany submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decrease in rent.

Albany Listing Supply

In the last 90 days, 59 listings have been made available, so you'll want to check back regularly for new listings. About 51% of the available space in the Albany are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,050 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1976 and are Class A.

Albany Community

Market Report

Trends and status of the commercial real estate market in Albany.
Market Report

Market Data

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