University Office Space

University

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,950
As of: January 19, 2017

University Rates

On average, listings lease in the $30's per square foot per year. The University region is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 20% increase in rent.

University Listing Supply

In the last 90 days, 16 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the University 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,390 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1999 and are Class A.

University Community

Market Report

Trends and status of the commercial real estate market in University.
Market Report

Market Data

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

University Submarkets