In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in Albany: 8,744,547 Sq. Ft.
In Albany, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 3,356,995 square feet of office space in Albany is rated Class A. Office space rated Class B amount to 5,076,483 square feet.
Albany Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
2,334,825 Sq. Ft. |
26.7% |
| 100k to 500k Sq. Ft. |
4,089,853 Sq. Ft. |
46.77% |
| 500k to 1M Sq. Ft. |
746,052 Sq. Ft. |
8.53% |
Albany Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A |
3,356,995 Sq. Ft. |
38.39% |
| Class B |
5,076,483 Sq. Ft. |
58.05% |
| Class C |
311,069 Sq. Ft. |
3.56% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Albany: 5,857,530 Sq. Ft.
Albany is home to an industrial real estate market that encompasses 5,857,530 square feet of space across 13 industrial properties of various use types, sizes, and quality ratings.
Albany Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
1,991,574 Sq. Ft. |
34% |
| 100k to 500k Sq. Ft. |
2,224,075 Sq. Ft. |
37.97% |
| 500k to 1M Sq. Ft. |
512,512 Sq. Ft. |
8.75% |
Albany Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
288,088 Sq. Ft. |
4.92% |
| Class B |
3,671,584 Sq. Ft. |
62.68% |
| Class C |
1,897,858 Sq. Ft. |
32.4% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Albany: 1,406,218 Sq. Ft.
The Albany commercial real estate market includes 28 properties that are dedicated to retail use. The various types of retail space here account for 1,406,218 square feet of commercial property in Albany.
Albany Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
436,544 Sq. Ft. |
31.04% |
| 100k to 500k Sq. Ft. |
969,674 Sq. Ft. |
68.96% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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