Northwest Reading Industrial

Northwest Reading

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
2,310
As of: March 13, 2017

Northwest Reading Rates

On average, listings lease in the $60's per square foot per year. The Northwest Reading region is experiencing a a rise in rates. In the last 3 months, the median rate went up $63 per sqft per year.

Northwest Reading Listing Supply

In the last 90 days, 12 listings have been listed, which means leases 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,310 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1905 and are Class A.

Northwest Reading Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Northwest Reading folk. Commuting between 20 and 25 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 Northwest Reading.
Market Report

Market Data

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