Historic Midtown Sublease

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Historic Midtown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
5,560
As of: March 12, 2017

Historic Midtown Rates

On average, listings lease in the $10's per square foot per year. The Historic Midtown region is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 31% decrease in rent.

Historic Midtown Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities most likley are 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 5,560 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this region were built in 1971 and are Class B.

Historic Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Historic Midtown folk. Commuting approximately 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 Historic Midtown.
Market Report

Market Data

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