Capital District Retail

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Capital District

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,650
As of: May 22, 2017

Capital District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Capital District region is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 16% increase in rent.

Capital District Listing Supply

In the last 90 days, 3 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 1,650 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1926 and are Class B.

Capital District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Capital District residents. Commuting around 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 Capital District.
Market Report

Market Data

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