Colonial Park Industrial

Colonial Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
7,640
As of: January 17, 2017

Colonial Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Colonial Park submarket is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 31% decrease in rent.

Colonial Park Listing Supply

In the last 90 days, 7 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 2000 and are Class A.

Colonial Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Colonial Park folk. Commuting around 10 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 Colonial Park.
Market Report

Market Data

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

Colonial Park Submarkets