Downtown Jewel Office Space

Downtown Jewel

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
900
As of: August 18, 2017

Downtown Jewel Rates

On average, listings lease in the $10's per square foot per year. The Downtown Jewel submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Compared to the rest of the Gold Coast market, the Downtown Jewel submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Downtown Jewel Listing Supply

In the last 90 days, 0 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Downtown Jewel 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.

The standard measurement for office space in this area is around 900 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1950 and are Class B.

Downtown Jewel Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Jewel 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 Downtown Jewel.
Market Report

Market Data

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