Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Central Business District Rates

Most listings are in the $20's per square foot per year. The Central Business District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

Central Business District Listing Supply

In the last 90 days, 38 listings have been made available, 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.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are around 3 floors. Most buildings in this region were built in 1965 and are Class B.

Central Business District Community

A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting around an hour 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 Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.