|
Classification |
Low
Rental
Rates |
High
Rental
Rates |
Effective Avg.
Rental Rates |
Vacancy
Rate |
Downtown Office
Full Service Rates: |
| Class A (prime) |
$15.00 |
$33.00 |
$24.00 |
11.35% |
| Class B (secondary) |
$10.00 |
$14.00 |
$12.00 |
24.05% |
Suburban Office
Full Service Rates: |
| Class A (prime) |
$17.00 |
$21.00 |
$19.50 |
10.31% |
| Class B (secondary) |
$12.00 |
$16.00 |
$14.00 |
13.47% |
Industrial Space Net
(Triple Net) Rates: |
| Warehouse Distribution |
$2.00 |
$3.25 |
$2.75 |
18.26% |
| Manufacturing |
$3.25 |
$7.00 |
$5.50 |
9.01% |
| High Tech |
$5.50 |
$10.00 |
$7.50 |
10.62% |
Retail Space
Full Service Rates: |
| Neighborhood Service Centers |
$6.00 |
$18.00 |
$12.00 |
NA |
| Community Power Centers |
$12.00 |
$25.00 |
$16.00 |
NA |
|
|
|
|
|
Source: Pyramid Brokerage Company, Annual Market Overview, Rochester, NY, 4Q 2009
Rates are representative of Monroe County, and are considerably lower in outlying counties of the Greater Rochester, NY Region.