Polaris Sublease

Polaris

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
5,740
As of: July 21, 2017

Polaris Rates

The typical asking rate per listing is in the $20's per square foot per year. The Polaris submarket is going through a a rise in rates. In the last 3 months, the median rate increased $23 per sqft per year.

Compared to the rest of the Columbus market, the Polaris submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Polaris Listing Supply

In the last 90 days, 7 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 143% of the office spaces in the Polaris are subleases, so you might be able to find a shorter term or below market rent. 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 5,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this region were built in 1999 and are Class B.

Polaris Community

This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Polaris occupants. Commuting between 30 and 45 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 Polaris.
Market Report

Market Data

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