Chestnut Hills Retail

Chestnut Hills

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
1,400
As of: May 18, 2017

Chestnut Hills Rates

The typical asking rate per listing is in the $50's per square foot per year. The Chestnut Hills region is going through a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 91% increase in rent.

Chestnut Hills Listing Supply

In the last 90 days, 1 listings have been posted online, which means listings 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 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 1,400 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1976 and are Class B.

Chestnut Hills 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 market. Commute by walking is the most popular way to get to work amongst Chestnut Hills folk. Commuting around 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 Chestnut Hills.
Market Report

Market Data

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