Uptown Sublease

Uptown

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,270
As of: March 12, 2017

Uptown Rates

On average, listings lease in the $20's per square foot per year. The Uptown region is experiencing a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% increase in rent.

Uptown Listing Supply

In the last 90 days, 24 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Uptown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,270 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 0 and are Class B.

Uptown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Uptown occupants. Commuting under 5 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 Uptown.
Market Report

Market Data

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