Near Northwest Office Space

Near Northwest

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Near Northwest Rates

On average, listings lease in the $10's per square foot per year. The Near Northwest submarket is going through a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year. That's a Inf% rise in rent.

Near Northwest Listing Supply

In the last 90 days, 5 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,150 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1941 and are Class B.

Near Northwest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Near Northwest occupants. Commuting between 20 and 25 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 Near Northwest.
Market Report

Market Data

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