Birmingham Office Space

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
134
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,850
As of: January 22, 2017

Birmingham Rates

The typical asking rate per listing is in the $20's per square foot per year. The Birmingham region is seeing a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Birmingham market, the Birmingham submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Birmingham Listing Supply

In the last 90 days, 134 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Birmingham are subleases, so you will probably have to focus your search on direct office leases. 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 3,850 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1979 and are Class B.

Birmingham Community

Market Report

Trends and status of the commercial real estate market in Birmingham.
Market Report

Market Data

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