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)
3,520
As of: July 26, 2017

Prudential Business Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Prudential Business Park region is seeing a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 2% increase in rent.

Prudential Business Park Listing Supply

In the last 90 days, 11 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 173% of the available leases in the Prudential Business Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,520 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1985 and are Class B.

Prudential Business Park Community

Public administration is the dominant industry in this area. Most of the occupants 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