University Retail

University

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,440
As of: June 27, 2017

University Rates

The typical asking rate per listing is in the $20's per square foot per year. The University region is seeing a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.

University Listing Supply

In the last 90 days, 3 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the University are subleases, so you might be able to snag a great spot on a short term. 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 1,440 sqft. Most buildings in this area were built in 2013 and are Class B.

University Community

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

Market Data

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