Near Northeast Office Space

Near Northeast

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,780
As of: August 16, 2017

Near Northeast Rates

On average, listings lease in the $20's per square foot per year. The Near Northeast submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.

Near Northeast Listing Supply

In the last 90 days, 13 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Near Northeast 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.

The standard measurement for office space in this area is around 1,780 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1962 and are Class B.

Near Northeast Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Near Northeast work from home. Commuting close to 15 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 Near Northeast.
Market Report

Market Data

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