Downtown Syracuse Office Space

Downtown Syracuse

Office Space Market Report

Number of Listings (last 90 days)
Median Size (sqft)
As of: October 25, 2016

Downtown Syracuse Rates

On average, listings lease in the $0's per square foot per year. The Downtown Syracuse submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decrease in rent.

Downtown Syracuse Listing Supply

In the last 90 days, 4 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the Downtown Syracuse are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,080 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 19 stories. Most buildings in this market were built in 1950 and are Class B.

Downtown Syracuse Community

A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Syracuse folk. 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 Downtown Syracuse.
Market Report

Market Data

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