Old Port District Sublease

Old Port District

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,400
As of: December 8, 2016

Old Port District Rates

Most listings are in the $20's per square foot per year. The Old Port District region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Old Port District Listing Supply

In the last 90 days, 6 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Old Port District are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are approximately 4 stories. Most buildings in this market were built in 1868 and are Class Class B.

Old Port District Community

Waste services is the dominant industry in this area. Most of the folk of Old Port District work from home. 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 Old Port District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Port District.
Research