Downtown Albany Industrial

We couldn't find any industrial spaces for Lease and Sublease

Downtown Albany

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
6,190
As of: June 28, 2017

Downtown Albany Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Albany submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $30 per sqft per year.

Downtown Albany Listing Supply

In the last 90 days, 14 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 43% of the listings in the Downtown Albany 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 6,190 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this area were built in 1927 and are Class A.

Downtown Albany Community

This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Albany occupants. Commuting between 30 and 45 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 Downtown Albany.
Market Report

Market Data

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