Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,560
As of: June 23, 2017

Central Business District Rates

Most listings are in the $20's per square foot per year. The Central Business District region is seeing a a rise in rates. In the last 3 months, the median rate increased $23 per sqft per year.

Central Business District Listing Supply

In the last 90 days, 19 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 174% of the available space in the Central Business District are subleases, so you might be able to find a shorter term or below market rent. 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 3,280 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1927 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 region. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting close to 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.
Research