Northeast Meridian Office Space

Northeast Meridian

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,760
As of: July 21, 2017

Northeast Meridian Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Meridian region is experiencing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 24% increase in rent.

Northeast Meridian Listing Supply

In the last 90 days, 13 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 46% of the listings in the Northeast Meridian are subleases, so you might be able to find a shorter term or below market rent. 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 1,770 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 2005 and are Class A.

Northeast Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Northeast Meridian occupants. Commuting close to 10 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 Northeast Meridian.
Market Report

Market Data

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