Northwest Office Space

Northwest

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,500
As of: June 25, 2017

Northwest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Northwest Listing Supply

In the last 90 days, 15 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 227% of the available leases in the Northwest 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this market are around 1 floors. Most buildings in this area were built in 2002 and are Class A.

Northwest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Northwest residents. Commuting between 30 and 45 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 Northwest.
Market Report

Market Data

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

Garden City Submarkets