The office building asset class is one of the most lucrative and in-demand commercial investment types on the market. In fact, office buildings currently account for 20% of all commercial real estate investments, and have had an average annual return of 10.3% over the last two decades.
Office buildings can vary quite a bit, however, given the range of industries that use them. Different companies require very different office sizes and functionalities, and so simply searching for office buildings for sale is a skill of its own.
Office Buildings for Sale Listings
When searching for office buildings to add to your real estate portfolio, you can utilize a multitude of online listings platforms. Each website comes with its own advantages and downsides, often times making it smart to rely on more than one listings platform to find your next office building investment. Whatever the case may be, it is mostly a matter of specific need.
Below, we explore the best commercial real estate listing websites to use when searching specifically for office buildings for sale.
These are the listings platforms that you should consider when searching the market for your next office building investment:
- 42Floors →
- LoopNet →
- CityFeet →
- CREXi →
- OfficeSpace.com →
- Total Commercial →
- The Square Foot →
- Catylist →
- Search Office Space →
42Floors is a listing site that covers office space for sale, lease, and sublease. The popular website currently boasts millions of active listings for the US market. 42Floors also provides direct contact details of agents, so you can easily enquire about available properties. You can also arrange for email notifications on the latest property listings.
One of the main benefits of using 42Floors is that it requires no sign up. In addition, the platform is perfect if you have a demanding schedule and don’t have hours to spare liaising with brokers, as the platform offers a concierge to assist with arranging property viewings.
LoopNet’s main advantage is the sheer number of property listings available on the site. When looking for office space for sale, LoopNet is a wise choice, with 500,000 listings and $240 billion in commercial property for sale.
LoopNet offers an easy-to-download mobile app, perfect for the busy investor looking to browse office space for sale on the go. LoopNet’s intuitive interface allows you to tailor your search using a number of filters. You can also use their draw-on-map to refine your search to specific geographical areas.
CityFeet, while covering property for sale in every state, is a favorite of investors focusing on the New York market – as the LoopNet-operated search engine is tailored to this area. You can use CityFeet to quickly find an office building for sale, using the site’s easy to use navigation bar and search filters.
CREXi lets you search for office space for sale using several advanced filters, allowing you to refine your search to find property that perfectly fits your investment needs. With CREXi, you can search from over 48K+ listings throughout the US.
CREXi are known for their brilliant support services, which can be relied upon to help guide you through the process. You can get in touch with their support team via the phone, chat, or email.
OfficeSpace.com is another excellent choice for sourcing office space for sale. OfficeSpace.com allows you to tailor your search for an office building based on size, business type, and geographical area. OfficeSpace.com cover the majority of US states, making them a great option for investors focusing on the primary and secondary markets.
OfficeSpace.com is also a budget-friendly choice, you can search their listings for free and browse floorplans and unlimited snaps of properties. You can also upgrade to the website’s Featured Listings service for $39.95. This upgraded feature lets you connect with brokers and tenants in real time.
The default office space search on this site is by lease. To search only for office buildings for sale, simply go into the “more filters” dropdown and select For Sale under the search type.
Total Commercial has been in operation since 1995. The team prides themselves on providing a full-featured CRE listing service, without the large price tag. You can search their listings for free.
The Square Foot offer comprehensive listings of office buildings for sale throughout the US. You can use their Office Space Calculator to find an office building that meets your requirements on office size and added facilities, such as conference rooms or kitchens.
The Square Foot is a convenient choice for anyone looking for more support searching for their office building venture. You can get in touch with their brokers for guidance and advice, using their online chat service.
Catylist covers property listings from across the US, with thousands of office buildings for sale to choose from. Catylist enables you to craft your search based on a number of filters. You can also search the listings site yourself, or arrange a member of their team to do the hard work for you.
Search Office Space is a global listing platform, covering property listings in the US, Asia, Australia, India, and the UK. Their team of experienced brokers help you source the ideal office building for you. Search Office Space’s consultants undertake viewings and negotiations on your behalf, making them a brilliant match if you are looking to lighten your workload.
Find Office Buildings Off-Market
Property listing websites are a popular way to score the market for available office buildings. Each of the best property listing sites possess different pros and cons to suit your needs, preferences, and budget.
In comparison, off-market searches enable you to source up-and-coming investments that are hidden from the competition. Off-market office building investments also allow you to swerve additional broker fees. As such, off-market search engines, such as Reonomy, can be the perfect supplement to your search for office buildings currently up for sale. By combining off-market property searches with sale listings platforms, you can undertake an in-depth and thorough hunt of the market.
With Reonomy, you can search from over 47M properties – including available and off-market properties. Find more about how to get started with Reonomy here.