Historic Cultural Office Space

Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
6,240
As of: June 22, 2017

Historic Cultural Rates

The typical asking rate per listing is in the $20's per square foot per year. The Historic Cultural region is experiencing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Historic Cultural Listing Supply

In the last 90 days, 29 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 90% of the office spaces in the Historic Cultural are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 10,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1957 and are Class B.

Historic Cultural Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Historic Cultural occupants. Commuting around 20 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 Historic Cultural.
Market Report

Market Data

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