Near Northeast Retail

Near Northeast

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,780
As of: August 17, 2017

Near Northeast Rates

The typical asking rate per listing is in the $20's per square foot per year. The Near Northeast region is going through a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Near Northeast Listing Supply

In the last 90 days, 13 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the Near Northeast are subleases, so you will probably have to focus your search on direct office leases. 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 1,780 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1962 and are Class B.

Near Northeast 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 market. Most of the folk of Near Northeast work from home. Commuting approximately 15 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 Near Northeast.
Market Report

Market Data

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