Park Place Office Space

Park Place

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,980
As of: June 23, 2017

Park Place Rates

Most listings are in the $10's per square foot per year. The Park Place region is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Park Place Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Park Place are subleases, so you might be able to snag a great spot on a short term. 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 2,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 1980 and are Class C.

Park Place Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Park Place work from home. Commuting close to 30 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 Park Place.
Market Report

Market Data

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