Brooklyn Sublease

Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
14,120
As of: March 12, 2017

Brooklyn Rates

On average, listings lease in the $30's per square foot per year. The Brooklyn region is seeing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 39% increase in rent.

Compared to the rest of the Jacksonville market, the Brooklyn submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Brooklyn Listing Supply

In the last 90 days, 4 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 14,120 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 12 stories. Most buildings in this area were built in 2003 and are Class A.

Brooklyn Community

Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Brooklyn folk. 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 Brooklyn.
Market Report

Market Data

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