Park Towne Office Space

Park Towne

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
6,150
As of: August 19, 2017

Park Towne Rates

On average, listings lease in the $10's per square foot per year. The Park Towne region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 15% rise in rent.

Park Towne Listing Supply

In the last 90 days, 20 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 15% of the available space in the Park Towne are subleases, so you might be able to snag a great spot on a short term. 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 6,150 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1980 and are Class B.

Park Towne Community

This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Park Towne folk. Commuting close to 15 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 Park Towne.
Market Report

Market Data

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