Eastside Sublease

Eastside

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
4,400
As of: May 23, 2017

Eastside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Eastside submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% increase in rent.

Eastside Listing Supply

In the last 90 days, 12 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,080 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region 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 market. Commute by car is the most popular way to get to work amongst Eastside folk. Commuting between 30 and 45 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 Eastside.
Market Report

Market Data

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