Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,600
As of: March 11, 2017

Central Business District Rates

On average, listings lease in the $20's per square foot per year. The Central Business District submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Central Business District Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 4,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 7 floors. Most buildings in this region were built in 2004 and are Class A.

Central Business District Community

A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Most of the folk of Central Business District work from home. 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 Central Business District.
Market Report

Market Data

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