North State Office Space

North State

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,630
As of: January 19, 2017

North State Rates

Most listings are in the $30's per square foot per year. The North State region is going through a decrease in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 38% decrease in rent.

North State Listing Supply

In the last 90 days, 6 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 17% of the available space in the North State 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1971 and are Class A.

North State Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst North State folk. Commuting more than an hour and a half 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 North State.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North State.
Research