Colonial Park Office Space

Colonial Park

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,360
As of: June 25, 2017

Colonial Park Rates

On average, listings lease in the $20's per square foot per year. The Colonial Park region is experiencing a a boost in rates. In the last 3 months, the median rate rose $25 per sqft per year.

Colonial Park Listing Supply

In the last 90 days, 12 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the available leases in the Colonial Park are subleases, so you might be able to snag a great spot on a short term. 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 1,360 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 2000 and are Class A.

Colonial Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Colonial Park folk. Commuting approximately 10 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 Colonial Park.
Market Report

Market Data

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

Colonial Park Submarkets