Prudential Business Park Retail

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Prudential Business Park

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,180
As of: June 23, 2017

Prudential Business Park Rates

On average, listings lease in the $10's per square foot per year. The Prudential Business Park submarket is going through a a rise in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Prudential Business Park Listing Supply

In the last 90 days, 11 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 118% of the office spaces in the Prudential Business Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,380 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1981 and are Class A.

Prudential Business Park Community

Public administration is the dominant industry in this area. Most of the residents of Prudential Business Park work from home. Commuting more than an hour and a half 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 Prudential Business Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Prudential Business Park.
Research