Park Place Sublease

Park Place

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,570
As of: June 22, 2017

Park Place Rates

The typical asking rate per listing is in the $40's per square foot per year. The Park Place submarket is going through a an increase in rates. In the last 3 months, the median rate went up $42 per sqft per year.

Park Place Listing Supply

In the last 90 days, 2 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 250% of the listings in the Park Place 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,570 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 2008 and are Class A.

Park Place Community

Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Park Place residents. Commuting more than an hour and a half 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 Park Place.
Market Report

Market Data

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