Government District Sublease

Government District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Government District Rates

On average, listings lease in the $20's per square foot per year. The Government District 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 2% decrease in rent.

Government District Listing Supply

In the last 90 days, 2 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Government District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 12,670 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 9 floors. Most buildings in this market were built in 1970 and are Class Class A.

Government District Community

Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Government District residents. 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 Government District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Government District.