Southmoreland Office Space

Southmoreland

Office Space Market Report

Number of Listings (last 90 days)
17
As of: April 22, 2017

Southmoreland Rates

On average, listings lease in the $0's per square foot per year. The Southmoreland region is going through a decrease in rates. In the last 3 months, the median rate decreased $26 per sqft per year. That's a 100% decrease in rent.

Southmoreland Listing Supply

In the last 90 days, 17 listings have been posted online, which means new listings might be leasing quickly. 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.

The standard measurement for office space in this area is around  sqft. Most buildings in this market are approximately 5 floors. Most buildings in this market were built in 1983 and are Class A.

Southmoreland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southmoreland occupants. Commuting under 5 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 Southmoreland.
Market Report

Market Data

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