First Settlement Office Space

First Settlement

Office Space Market Report

Number of Listings (last 90 days)
0
As of: December 7, 2016

First Settlement Rates

The typical asking rate per listing is in the $0's per square foot per year. The First Settlement submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $29 per sqft per year. That's a 100% decline in rent.

First Settlement Listing Supply

In the last 90 days, 0 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the First Settlement 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 on the market, 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 area are close to 3 stories. Most buildings in this region were built in 1968 and are Class C.

First Settlement Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the residents of First Settlement work from home. Commuting around 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 First Settlement.
Market Report

Market Data

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