Silver Spring Sublease

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Silver Spring

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Silver Spring Rates

On average, listings lease in the $20's per square foot per year. The Silver Spring submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year. That's a Inf% increase in rent.

Silver Spring Listing Supply

In the last 90 days, 6 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 2005 and are Class A.

Silver Spring Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Silver Spring folk. Commuting more than an hour and a half 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 Silver Spring.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Silver Spring.

New Kingstown Submarkets