Red Bank Sublease

Red Bank

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,750
As of: July 27, 2017

Red Bank Rates

Most listings are in the $20's per square foot per year. The Red Bank region is seeing a a rise 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 posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 30% of the office spaces in the Red Bank 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.

The standard measurement for office space in this area is around 1,750 sqft. Most properties in this market are around 3 floors. 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