Troy Office Space

Troy

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
620
As of: August 20, 2017

Troy Rates

The typical asking rate per listing is in the $10's per square foot per year. The Troy submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 21% decrease in rent.

Troy Listing Supply

In the last 90 days, 19 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 16% of the available leases in the Troy are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 620 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1933 and are Class B.

Troy Community

Market Report

Trends and status of the commercial real estate market in Troy.
Market Report

Market Data

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

Troy Submarkets