Somerset Office Space

Somerset

Office Space Market Report

Number of Listings (last 90 days)
0
As of: January 19, 2017

Somerset Rates

On average, listings lease in the $0's per square foot per year. The Somerset submarket is going through a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 100% decrease in rent.

Somerset Listing Supply

In the last 90 days, 0 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Somerset are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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  sqft. Most buildings in this region were built in 1930 and are Class C.

Somerset Community

Market Report

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

Market Data

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