Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,670
As of: February 19, 2017

Central Business District Rates

On average, listings lease in the $20's per square foot per year. The Central Business District submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 40% rise in rent.

Central Business District Listing Supply

In the last 90 days, 5 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,670 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this market were built in 1935 and are Class A.

Central Business District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Business District folk. Commuting under 5 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 Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research