Old Northwest Office Space

Old Northwest

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
6,330
As of: February 27, 2017

Old Northwest Rates

The typical asking rate per listing is in the $40's per square foot per year. The Old Northwest submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $45 per sqft per year.

Old Northwest Listing Supply

In the last 90 days, 1 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Old Northwest 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,330 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1985 and are Class B.

Old Northwest Community

A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Old Northwest occupants. 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 Old Northwest.
Market Report

Market Data

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

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