Downtown Redding Office Space

Downtown Redding

Office Space Market Report

Number of Listings (last 90 days)
3
Median Size (sqft)
8,400
As of: January 19, 2017

Downtown Redding Rates

Most listings are in the $0's per square foot per year. The Downtown Redding region is seeing a decline in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 100% decline in rent.

Downtown Redding Listing Supply

In the last 90 days, 3 listings have been posted online, which means new listings are probably 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.

Even though the median size is 8,400 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1983 and are Class C.

Downtown Redding Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Redding residents. Commuting between 30 and 45 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 Downtown Redding.
Market Report

Market Data

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

Redding Submarkets