Colonial Park Industrial

Colonial Park

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
10,810
As of: August 19, 2017

Colonial Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Colonial Park submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.

Colonial Park Listing Supply

In the last 90 days, 12 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the available leases in the Colonial 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 10,810 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 stories. 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 region. 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