Prudential Business Park Industrial

Prudential Business Park

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,450
As of: August 19, 2017

Prudential Business Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Prudential Business Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 23% rise in rent.

Prudential Business Park Listing Supply

In the last 90 days, 11 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 55% of the listings in the Prudential Business Park are subleases, so you might be able to snag a great spot on a short term. 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 4,450 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1985 and are Class B.

Prudential Business Park Community

Public administration is the dominant industry in this market. Most of the residents of Prudential Business Park work from home. Commuting more than 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 Prudential Business Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Prudential Business Park.
Research