Eastside Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Eastside Rates

Most listings are in the $10's per square foot per year. The Eastside submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.

Eastside Listing Supply

In the last 90 days, 29 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Eastside 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,780 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1988 and are Class A.

Eastside 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 region. Commute by car is the most popular way to get to work amongst Eastside residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.