Park Shore Office Space

Park Shore

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,480
As of: June 25, 2017

Park Shore Rates

The typical asking rate per listing is in the $20's per square foot per year. The Park Shore region is going through a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Park Shore Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 233% of the available leases in the Park Shore 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.

The standard measurement for office space in this area is around 1,480 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1984 and are Class A.

Park Shore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Park Shore occupants. Commuting between 20 and 25 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 Park Shore.
Market Report

Market Data

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