Downtown Syracuse Sublease

Downtown Syracuse

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,600
As of: December 9, 2016

Downtown Syracuse Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Syracuse submarket is going through a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year.

Downtown Syracuse Listing Supply

In the last 90 days, 7 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this market are approximately 19 stories. Most buildings in this region were built in 1960 and are Class B.

Downtown Syracuse Community

A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Syracuse folk. 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 Downtown Syracuse.
Market Report

Market Data

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