Southern Crossing Retail

Southern Crossing

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
6,000
As of: January 18, 2017

Southern Crossing Rates

On average, listings lease in the $20's per square foot per year. The Southern Crossing submarket is going through a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.

Southern Crossing Listing Supply

In the last 90 days, 12 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Southern Crossing are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 2002 and are Class A.

Southern Crossing Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southern Crossing residents. Commuting around 30 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 Southern Crossing.
Market Report

Market Data

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