2024 Office Space Rent & Sales
- $20.28 2024 Avg. Asking Rent
- 10.78% 2024 Office Vacancy Rate
Colonie Town office price per square foot in 2024 was $20.28 on average. The local office market recorded an average vacancy rate of 10.78% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- New York Class A & A+ Office Space$59.04
- New York Class B Office Space$43.55
- New York Class C Office Space$35.67
Colonie Town, NY Office Asking Rents by Class
Coworking Spaces in New York
- New York City Coworking Space
- Manhattan Coworking Space
- Washington Coworking Space
- Brooklyn Coworking Space
- Boston Coworking Space
- Charlotte Coworking Space
- Philadelphia Coworking Space
- Columbus Coworking Space
- Cincinnati Coworking Space
- Raleigh Coworking Space
- Pittsburgh Coworking Space
- Alexandria Coworking Space
- Detroit Coworking Space
- Cambridge Coworking Space
- Jersey City Coworking Space
- Queens Coworking Space
- Ann Arbor Coworking Space
- Cleveland Coworking Space
- Bethesda Coworking Space
- Grand Rapids Coworking Space
2024 Office Construction in Colonie Town, NY
- Colonie Town, NY Total SF completed in 2024 263,000
During 2024, 263,000 square feet of new office space were delivered across the market. At the close of 2024, the Colonie Town office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 263,000 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Lear Jet Park | 2-6 Lear Jet Lane, 12110 | 54,000 | 2024 |
| 17 Plaza Drive | 17 Plaza Drive, 12110 | 81,000 | 2019 |
| 399 Albany Shaker Rd | 399 Albany Shaker Rd, 12211 | 2,255 | 2010 |
| Airport Park - 29 British American Blvd | 29 British American Blvd, 12110 | 39,891 | 2002 |
| Capital Region Health Park | 711 Troy Schenectady Road, 12110 | 259,943 | 2001 |
| 12 Petra Ln | 12 Petra Ln, 12205 | 31,000 | 1994 |
| 1762 Central Avenue | 1762 Central Avenue, 12205 | 43,876 | 1993 |
| 7 Wembley Court | 7 Wembley Court, 12205 | 11,232 | 1992 |
| 14 Petra Lane | 14 Petra Lane, 12205 | 6,400 | 1992 |
| 120 BROADWAY MENANDS NEW YORK 12204 | 120 BROADWAY MENANDS NEW YORK 12204, 12204 | 22,304 | 1991 |
Worth noting among recent office completions on the Colonie Town market is Lear Jet Park, which is currently the largest new office development in the city, at 54,000 square feet.
See reports for other markets
- Manhattan Office Rent Price
- Brooklyn Office Rent Price
- Albany Office Rent Price
- Buffalo Office Rent Price
- Melville Office Rent Price
- White Plains Office Rent Price
- Hauppauge Office Rent Price
- Rochester Office Rent Price
- Troy Office Rent Price
- Miami Office Rent Price
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- Atlanta Office Rent Price
- Chicago Office Rent Price
- Houston Office Rent Price
- San Antonio Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Colonie Town commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.