In 2023 the Onondaga County, NY commercial real estate market totaled 10,879,135 square feet of office spaces, 14,393,899 square feet of office spaces with retail, and 44,656,759 square feet of industrial space.
Office Spaces
Total: 10,879,135 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
4,483,646 SqFt |
41.21% of total office |
| 100k to 500k SqFt |
5,765,489 SqFt |
53% of total office |
| 500k to 1M SqFt |
630,000 SqFt |
5.79% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
3,312,342 SqFt |
30.45% of total office |
| Class B |
6,119,026 SqFt |
56.25% of total office |
| Class C |
866,367 SqFt |
7.96% of total office |
Roughly 5.79% of the total office space in Onondaga County, NY is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 41.21% of the office inventory.
Class A office space holds a 30.45% share of the overall Onondaga County, NY office market, while Class B office assets make up approximately 56.25%.
Industrial
Total: 44,656,759 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
6,522,758 SqFt |
14.61% of total industrial |
| 100k to 500k SqFt |
16,303,702 SqFt |
36.51% of total industrial |
| 500k to 1M SqFt |
3,525,606 SqFt |
7.89% of total industrial |
| > 1M SqFt |
18,304,693 SqFt |
40.99% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
7,228,792 SqFt |
16.19% of total industrial |
| Class B |
26,222,212 SqFt |
58.72% of total industrial |
| Class C |
2,605,755 SqFt |
5.84% of total industrial |
There are 16,303,702 square feet of commercial real estate properties between 100k to 500k square feet, representing 36.51% of the Onondaga County, NY industrial inventory. Class A assets total 7,228,792 square feet of industrial space, with an additional 26,222,212 square feet of Class B and 2,605,755 square feet of Class C properties.
Office Spaces with Retail
Total: 14,393,899 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
2,703,149 SqFt |
18.78% of total office with retail |
| 100k to 500k SqFt |
8,649,845 SqFt |
60.09% of total office with retail |
| 500k to 1M SqFt |
640,905 SqFt |
4.45% of total office with retail |
| > 1M SqFt |
2,400,000 SqFt |
16.67% of total office with retail |
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