Northwestern Precinct Sublease

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Northwestern Precinct

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
49,840
As of: January 21, 2017

Northwestern Precinct Rates

Most listings are in the $10's per square foot per year. The Northwestern Precinct submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Northwestern Precinct Listing Supply

In the last 90 days, 5 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 49,840 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 8 floors. Most buildings in this region were built in 1930 and are Class B.

Northwestern Precinct Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northwestern Precinct occupants. Commuting close to 30 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 Northwestern Precinct.
Market Report

Market Data

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