Berkley Sublease

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Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Berkley Rates

Most listings are in the $20's per square foot per year. The Berkley submarket is going through a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 34% increase in rent.

Compared to the rest of the Metro Detroit market, the Berkley submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Berkley Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,410 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1950 and are Class Class C.

Berkley Community

Market Report

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

Market Data

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