Downtown Jewel Retail

Downtown Jewel

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,200
As of: December 10, 2016

Downtown Jewel Rates

On average, listings lease in the $20's per square foot per year. The Downtown Jewel region is experiencing a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year.

Compared to the rest of the Gold Coast market, the Downtown Jewel submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Jewel Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this region were built in 1978 and are Class B.

Downtown Jewel Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Jewel residents. Commuting approximately 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 Downtown Jewel.
Market Report

Market Data

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

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