Albany Sublease

Albany

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,040
As of: August 18, 2017

Albany Rates

On average, listings lease in the $20's per square foot per year. The Albany submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 33% decrease in rent.

Albany Listing Supply

In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 51% of the available space in the Albany 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most buildings in this area are around 3 floors. Most buildings in this region were built in 1966 and are Class A.

Albany Community

Market Report

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

Market Data

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