Chestnut Hills Sublease

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Chestnut Hills

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,710
As of: January 23, 2017

Chestnut Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Chestnut Hills submarket is going through a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 26% increase in rent.

Chestnut Hills Listing Supply

In the last 90 days, 4 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,710 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 2000 and are Class B.

Chestnut Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Chestnut Hills residents. Commuting around 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 Chestnut Hills.
Market Report

Market Data

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