Northwest Sublease

Northwest

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,380
As of: January 19, 2017

Northwest Rates

On average, listings lease in the $10's per square foot per year. The Northwest submarket is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 29% decline in rent.

Northwest Listing Supply

In the last 90 days, 11 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,380 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 2002 and are Class A.

Northwest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Northwest 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 Northwest.
Market Report

Market Data

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

Garden City Submarkets