Cleveland Sublease

Cleveland

Office Space Market Report

Number of Listings (last 90 days)
122
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,770
As of: May 21, 2017

Cleveland Rates

Most listings are in the $10's per square foot per year. The Cleveland region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 21% decline in rent.

Compared to the rest of the Cleveland market, the Cleveland submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Cleveland Listing Supply

In the last 90 days, 122 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Cleveland are subleases, so you will probably have to consider a longer term 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 1,770 sqft. Most properties in this area are approximately 4 stories. Most buildings in this region were built in 1932 and are Class B.

Cleveland Community

Market Report

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

Market Data

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