Georgetown Sublease

Georgetown

Office Space Market Report

Number of Listings (last 90 days)
57
Median Rate ($/sqft/yr)
$52
Median Size (sqft)
2,040
As of: August 22, 2017

Georgetown Rates

Most listings are in the $50's per square foot per year. The Georgetown submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 14% decrease in rent.

Georgetown Listing Supply

In the last 90 days, 3 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Georgetown are subleases, so you might be able to snag a great spot on a short term. 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 2,040 sqft. Most properties in this area are approximately 5 stories. Most buildings in this area were built in 1975 and are Class A.

Georgetown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Georgetown residents. Commuting close to 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 Georgetown.
Market Report

Market Data

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