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)
54
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
36,070
As of: August 17, 2017

Park Place Rates

The typical asking rate per listing is in the $10's per square foot per year. The Park Place region is experiencing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 43% decrease in rent.

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

Park Place Listing Supply

In the last 90 days, 23 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 26% of the available space in the Park Place are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 36,070 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1988 and are Class A.

Park Place Community

Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Park Place occupants. 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