Northwest Office Space

Northwest

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,660
As of: May 20, 2017

Northwest Rates

Most listings are in the $20's per square foot per year. The Northwest submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

Northwest Listing Supply

In the last 90 days, 15 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,660 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 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