Uptown Retail

Uptown

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,480
As of: May 20, 2017

Uptown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Uptown region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decrease in rent.

Uptown Listing Supply

In the last 90 days, 24 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 4% of the available leases in the Uptown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,480 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 0 and are Class B.

Uptown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Uptown 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 Uptown.
Market Report

Market Data

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