University Office Space

University

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,040
As of: March 12, 2017

University Rates

The typical asking rate per listing is in the $20's per square foot per year. The University region is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decline in rent.

University Listing Supply

In the last 90 days, 27 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available leases in the University are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,040 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region 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