Southwest Sublease

Southwest

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
7,890
As of: January 18, 2017

Southwest Rates

Most listings are in the $10's per square foot per year. The Southwest region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

Southwest Listing Supply

In the last 90 days, 3 listings have been made available, which means 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 7,890 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 2008 and are Class B.

Southwest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southwest occupants. Commuting under 5 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 Southwest.
Market Report

Market Data

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

Johnston Submarkets