Reading Sublease

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Reading

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,730
As of: May 18, 2017

Reading Rates

The typical asking rate per listing is in the $20's per square foot per year. The Reading region is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 27% rise in rent.

Reading Listing Supply

In the last 90 days, 38 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. 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 2,730 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1920 and are Class B.

Reading Community

Market Report

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

Market Data

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