Redding Retail

Redding

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,220
As of: March 12, 2017

Redding Rates

The typical asking rate per listing is in the $10's per square foot per year. The Redding region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Redding Listing Supply

In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Redding are subleases, so you will probably have to focus your search on direct office leases. 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 1,220 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1989 and are Class B.

Redding Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Redding occupants. Commuting under 5 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 Redding.
Market Report

Market Data

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