Park Place Retail

We couldn't find any retail spaces for Lease and Sublease

Park Place

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
6,030
As of: February 21, 2017

Park Place Rates

The typical asking rate per listing is in the $10's per square foot per year. The Park Place submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the Milwaukee market, the Park Place region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Park Place Listing Supply

In the last 90 days, 24 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Park Place are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,030 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1988 and are Class A.

Park Place Community

Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Park Place residents. Commuting between 30 and 45 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 Place.
Market Report

Market Data

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