Reading Office Space

Reading

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
4,340
As of: July 22, 2017

Reading Rates

On average, listings lease in the $10's per square foot per year. The Reading submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year.

Reading Listing Supply

In the last 90 days, 0 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Reading are subleases, so you might be able to find a shorter term or below market rent. 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 4,340 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1995 and are Class B.

Reading Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Reading residents. Commuting between 20 and 25 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 Reading.
Market Report

Market Data

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