Midtown Retail

Midtown

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,000
As of: June 26, 2017

Midtown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Midtown region is going through a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year.

Midtown Listing Supply

In the last 90 days, 8 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 138% of the listings in the Midtown 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 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 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1956 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Midtown residents. Commuting around 20 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 Midtown.
Market Report

Market Data

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