Downtown Albany Office Space

Downtown Albany

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
6,190
As of: July 22, 2017

Downtown Albany Rates

Downtown Albany Listing Supply

In the last 90 days, 14 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Downtown Albany are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 6,190 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 5 stories. Most buildings in this market were built in 1927 and are Class A.

Downtown Albany Community

This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Albany 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 Downtown Albany.
Market Report

Market Data

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