Brooklyn Office Space

Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
5,710
As of: June 23, 2017

Brooklyn Rates

On average, listings lease in the $30's per square foot per year. The Brooklyn region is experiencing a a rise in rates. In the last 3 months, the median rate increased $33 per sqft per year.

Compared to the rest of the Jacksonville market, the Brooklyn submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Brooklyn Listing Supply

In the last 90 days, 4 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Brooklyn are subleases, so you might be able to find a shorter term or below market rent. 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 5,710 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 12 floors. Most buildings in this region were built in 2003 and are Class A.

Brooklyn Community

Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Brooklyn residents. 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 Brooklyn.
Market Report

Market Data

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