Southeast Meridian Office Space

Southeast Meridian

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,730
As of: February 24, 2017

Southeast Meridian Rates

Most listings are in the $20's per square foot per year. The Southeast Meridian region is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 22% decrease in rent.

Southeast Meridian Listing Supply

In the last 90 days, 10 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Southeast Meridian are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,730 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 2006 and are Class A.

Southeast Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southeast Meridian occupants. Commuting around 15 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 Southeast Meridian.
Market Report

Market Data

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