Central Business District Sublease

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Central Business District

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,810
As of: February 27, 2017

Central Business District Rates

On average, listings lease in the $20's per square foot per year. The Central Business District submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 33% rise in rent.

Central Business District Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces most likley are 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.

The standard measurement for office space in this area is around 1,810 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1913 and are Class Class B.

Central Business District Community

A large portion of this region 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.
Research