Capital District Sublease

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Capital District

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,000
As of: June 26, 2017

Capital District Rates

On average, listings lease in the $20's per square foot per year. The Capital District submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Capital District Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 167% of the office spaces in the Capital District 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.

Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1926 and are Class B.

Capital District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Capital District occupants. Commuting approximately 15 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 Capital District.
Market Report

Market Data

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