Deerfield Sublease

Deerfield

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,880
As of: January 19, 2017

Deerfield Rates

The typical asking rate per listing is in the $10's per square foot per year. The Deerfield submarket is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decrease in rent.

Compared to the rest of the Chicagoland market, the Deerfield region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Deerfield Listing Supply

In the last 90 days, 16 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Deerfield are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,880 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this market were built in 1986 and are Class A.

Deerfield Community

Market Report

Trends and status of the commercial real estate market in Deerfield.
Market Report

Market Data

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