Mitchell West Industrial

Mitchell West

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Mitchell West Rates

Most listings are in the $70's per square foot per year. The Mitchell West region is seeing a a boost in rates. In the last 3 months, the median rate rose $55 per sqft per year. That's a 224% rise in rent.

Compared to the rest of the Milwaukee market, the Mitchell West region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Mitchell West Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 41,010 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1991 and are Class B.

Mitchell West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Mitchell West occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.