Park Towne Sublease

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Park Towne

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,610
As of: June 25, 2017

Park Towne Rates

The typical asking rate per listing is in the $10's per square foot per year. The Park Towne region is going through a a boost in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Park Towne Listing Supply

In the last 90 days, 20 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 60% of the available leases in the Park Towne are subleases, so you might be able to snag a great spot on a short term. 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 1,610 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1980 and are Class B.

Park Towne Community

This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Park Towne residents. Commuting around 15 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 Park Towne.
Market Report

Market Data

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