Uptown Sublease

Uptown

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,370
As of: June 22, 2017

Uptown Rates

On average, listings lease in the $50's per square foot per year. The Uptown submarket is going through a a rise in rates. In the last 3 months, the median rate went up $51 per sqft per year.

Uptown Listing Supply

In the last 90 days, 25 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 120% of the available leases in the Uptown 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,360 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 9 stories. Most buildings in this market were built in 1947 and are Class B.

Uptown Community

This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Uptown 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 Uptown.
Market Report

Market Data

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