Central Business District Sublease

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Central Business District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 2016

Central Business District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Business District region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

Central Business District Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 13,540 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1916 and are Class Class B.

Central Business District Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Business District occupants. 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 Central Business District.
Market Report

Market Data

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

Kalamazoo Submarkets