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Q: Average Price Per Square Foot for Commercial Real Estate in the United States ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Average Price Per Square Foot for Commercial Real Estate in the United States
Category: Miscellaneous
Asked by: mollydog-ga
List Price: $25.00
Posted: 11 Oct 2005 20:33 PDT
Expires: 10 Nov 2005 19:33 PST
Question ID: 579178
I am looking for the average price per square foot for commercial real
estate in the United States.
Answer  
Subject: Re: Average Price Per Square Foot for Commercial Real Estate in the United States
Answered By: bobbie7-ga on 12 Oct 2005 11:23 PDT
Rated:5 out of 5 stars
 
Hello Mollydog,

According to the Hampton Roads 2005 Investment Market Survey by the
Old Dominion University Center for Real Estate and Economic
Development, the average price per square foot for commercial real
estate in the United States is as follows:

Office
The National average price per square foot is just above $168.

Retail Sector
The National average price per square foot is for malls are $100.
The National average price per square foot for Strip Centers $145

Industrial
The National average price per square foot for warehouse space is $50.
The National average price per square foot for flex space was $100 at
the end of 2004.

Source: Old Dominion University Center for Real Estate and Economic Development

Download full text of this study here:
http://www.odu.edu/bpa/creed/marketreview/reports/2005/creedmarketsurveyreport2005_investmentl.pdf


Search terms
Commercial real estate average price per square foot
Office industrial retail


I hope the information provided is helpful!

Best regards,
Bobbie7
mollydog-ga rated this answer:5 out of 5 stars and gave an additional tip of: $5.00
perfect....just what I needed.  Thanks

Comments  
Subject: Re: Average Price Per Square Foot for Commercial Real Estate in the United States
From: bobbie7-ga on 12 Oct 2005 12:03 PDT
 
Thank you for the nice rating and tip!
--Bobbie7

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