Downtown Savannah Office Space

Downtown Savannah

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,580
As of: December 3, 2016

Downtown Savannah Rates

On average, listings lease in the $30's per square foot per year. The Downtown Savannah submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.

Downtown Savannah Listing Supply

In the last 90 days, 20 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,580 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this region were built in 1897 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 area. Commute by public transit is the most popular way to get to work amongst Downtown Savannah folk. 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