Birmingham Sublease

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
3,520
As of: December 8, 2016

Birmingham Rates

Most listings are in the $40's per square foot per year. The Birmingham submarket is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the Metro Detroit market, the Birmingham region has higher rates, and you'll need to make a great offer to be in this hot region.

Birmingham Listing Supply

In the last 90 days, 21 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,520 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1970 and are Class B.

Birmingham Community

Market Report

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

Market Data

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

Birmingham Submarkets