Park Towne Retail

Park Towne

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,540
As of: February 22, 2017

Park Towne Rates

Most listings are in the $10's per square foot per year. The Park Towne submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 19% decrease in rent.

Park Towne Listing Supply

In the last 90 days, 20 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,540 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1979 and are Class B.

Park Towne Community

This market is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Park Towne occupants. 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 Park Towne.
Market Report

Market Data

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