Southern Crossing Office Space

Southern Crossing

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,720
As of: August 18, 2017

Southern Crossing Rates

On average, listings lease in the $20's per square foot per year. The Southern Crossing region is seeing a decline in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 51% decrease in rent.

Southern Crossing Listing Supply

In the last 90 days, 19 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 37% of the available space in the Southern Crossing 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,720 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 2003 and are Class A.

Southern Crossing Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southern Crossing occupants. Commuting close to 30 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 Southern Crossing.
Market Report

Market Data

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