Portage Sublease

Portage

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,650
As of: July 28, 2017

Portage Rates

The typical asking rate per listing is in the $20's per square foot per year. The Portage region is experiencing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 50% rise in rent.

Portage Listing Supply

In the last 90 days, 11 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 73% of the available leases in the Portage are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,650 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1982 and are Class A.

Portage Community

Market Report

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

Market Data

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