Uptown Sublease

Uptown

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,470
As of: February 19, 2017

Uptown Rates

On average, listings lease in the $10's per square foot per year. The Uptown submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 27% rise in rent.

Uptown Listing Supply

In the last 90 days, 13 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Uptown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,470 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 1930 and are Class B.

Uptown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Uptown residents. 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 Uptown.
Market Report

Market Data

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