Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Size (sqft)
10,000
As of: March 12, 2017

Midtown Rates

The typical asking rate per listing is in the $0's per square foot per year. The Midtown submarket is going through a decrease in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decline in rent.

Midtown Listing Supply

In the last 90 days, 2 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 10,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1965 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Midtown folk. 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 Midtown.
Market Report

Market Data

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

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