Meridian Sublease

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Meridian

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,660
As of: June 23, 2017

Meridian Rates

The typical asking rate per listing is in the $10's per square foot per year. The Meridian submarket is going through a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Meridian Listing Supply

In the last 90 days, 2 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the available leases in the Meridian are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,660 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1993 and are Class A.

Meridian Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Meridian folk. Commuting between 20 and 25 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 Meridian.
Market Report

Market Data

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