Old Port District Office Space

Old Port District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,870
As of: January 17, 2017

Old Port District Rates

Most listings are in the $20's per square foot per year. The Old Port District region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.

Old Port District Listing Supply

In the last 90 days, 5 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the listings in the Old Port District 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.

Even though the median size is 3,870 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1868 and are Class Class B.

Old Port District Community

Waste services is the dominant industry in this region. Most of the residents of Old Port District work from home. 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 Old Port District.
Market Report

Market Data

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