Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,200
As of: January 22, 2017

Central Business District Rates

Most listings are in the $10's per square foot per year. The Central Business District submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 21% increase in rent.

Central Business District Listing Supply

In the last 90 days, 4 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this area were built in 1916 and are Class C.

Central Business District Community

This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District occupants. Commuting approximately 20 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 Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research