Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,220
As of: December 3, 2016

Central Business District Rates

Most listings are in the $20's per square foot per year. The Central Business District submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Central Business District Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,220 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1916 and are Class Class B.

Central Business District Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Business District residents. 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 Central Business District.
Market Report

Market Data

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