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: June 26, 2017

Near Northeast Rates

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

Near Northeast Listing Supply

In the last 90 days, 13 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Near Northeast are subleases, so you will probably have to focus your search on direct office leases. 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 market are approximately 2 stories. Most buildings in this market 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 area. Most of the occupants of Near Northeast work from home. Commuting around 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