Downtown Birmingham Sublease

Downtown Birmingham

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
3,520
As of: January 17, 2017

Downtown Birmingham Rates

Compared to the rest of the Metro Detroit market, the Downtown Birmingham region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Birmingham Listing Supply

In the last 90 days, 18 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Downtown Birmingham are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,140 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1974 and are Class A.

Downtown Birmingham Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Birmingham occupants. 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 Downtown Birmingham.
Market Report

Market Data

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

Birmingham Submarkets