New Centre Sublease

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New Centre

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

New Centre Rates

The typical asking rate per listing is in the $10's per square foot per year. The New Centre region is experiencing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a Inf% rise in rent.

New Centre Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases most likley are 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 2005 and are Class B.

New Centre Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst New Centre occupants. Commuting around 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 New Centre.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Centre.