Red Bank Sublease

Red Bank

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
8,880
As of: June 27, 2017

Red Bank Rates

Most listings are in the $20's per square foot per year. The Red Bank region is experiencing a an increase in rates. In the last 3 months, the median rate went up $29 per sqft per year.

Red Bank Listing Supply

In the last 90 days, 20 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 30% of the available leases in the Red Bank are subleases, so you might be able to find a shorter term or below market rent. 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 8,880 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1983 and are Class A.

Red Bank Community

Market Report

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

Market Data

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