Forest Hills Office Space

Forest Hills

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,710
As of: July 19, 2017

Forest Hills Rates

On average, listings lease in the $10's per square foot per year. The Forest Hills region is experiencing a an increase in rates. In the last 3 months, the median rate rose $19 per sqft per year.

Forest Hills Listing Supply

In the last 90 days, 2 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 250% of the available leases in the Forest Hills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,710 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1940 and are Class B.

Forest Hills Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Forest Hills folk. 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 Forest Hills.
Market Report

Market Data

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

Forest Hills Submarkets