Government District Office Space

Government District

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,720
As of: December 4, 2016

Government District Rates

On average, listings lease in the $20's per square foot per year. The Government District region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Government District Listing Supply

In the last 90 days, 2 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,720 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 9 stories. Most buildings in this area were built in 1970 and are Class A.

Government District Community

Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Government District occupants. 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 Government District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Government District.
Research