Uptown Retail

Uptown

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,000
As of: May 22, 2017

Uptown Rates

Most listings are in the $50's per square foot per year. The Uptown region is experiencing a decline in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 29% decrease in rent.

Uptown Listing Supply

In the last 90 days, 25 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 12% of the available space in the Uptown are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,370 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 9 stories. Most buildings in this area were built in 1947 and are Class B.

Uptown Community

This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Uptown occupants. Commuting close to 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 Uptown.
Market Report

Market Data

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