Upper Eastside Retail

Upper Eastside

Office Space Market Report

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

Upper Eastside Rates

On average, listings lease in the $40's per square foot per year. The Upper Eastside submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 14% decrease in rent.

Compared to the rest of the Gold Coast market, the Upper Eastside region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Upper Eastside Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases are probably 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 920 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1965 and are Class B.

Upper Eastside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Upper Eastside folk. 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 Upper Eastside.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Upper Eastside.