City Center Retail

City Center

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

City Center Rates

Most listings are in the $20's per square foot per year. The City Center region is going through a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 67% increase in rent.

Compared to the rest of the Gold Coast market, the City Center submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

City Center Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,480 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area were built in 1979 and are Class B.

City Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst City Center folk. 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 City Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in City Center.