Downtown Savannah Office Space

Downtown Savannah

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$124
Median Size (sqft)
1,420
As of: August 20, 2017

Downtown Savannah Rates

The typical asking rate per listing is in the $120's per square foot per year. The Downtown Savannah submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $101 per sqft per year. That's a 427% increase in rent.

Downtown Savannah Listing Supply

In the last 90 days, 11 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 64% of the available space in the Downtown Savannah are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,420 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1905 and are Class A.

Downtown Savannah Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Savannah residents. Commuting approximately 30 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 Savannah.
Market Report

Market Data

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