Centre - Tower I — Rental Market Data

At Centre - Tower I, the 30-day average days on market reached 24 days, compared to a 90-day average of 19 days and a submarket benchmark of 23 days. Leasing turnover moderated slightly over the late summer, shifting from 12 closed leases over the 90-day window to 3 closed leases in the final 30-day period.

At Centre - Tower I, tenants negotiated an average discount of $28 per month off asking, representing a 0.85% reduction below asking and delivering $336 per year in tenant savings. Exactly 31.3% of leases closed under asking, reflecting mild tenant-favorable leverage where landlords made minor concessions to secure occupancy.

The two highest-volume anchor layouts at Centre - Tower I are the 1-Bedroom and the 2-Bedroom + Den, which each accounted for 31.3% of total leasing volume with average days on market of 16 and 36 days respectively. The 1-Bedroom tier recorded 5 closed leases at an average rent of $2,340 per month, a median of $2,350 per month, a P25-P75 range of $2,300 to $2,350 per month, an average size of 570 square feet, and $4.12 per square foot, forming a statistically robust benchmark. The 2-Bedroom + Den tier recorded 5 closed leases at an average rent of $3,309 per month, a median of $3,200 per month, a P25-P75 range of $3,000 to $3,550 per month, an average size of 900 square feet, and $3.69 per square foot, serving as another robust benchmark. The 1-Bedroom + Den tier recorded 4 closed leases at an average rent of $2,688 per month, a median of $2,725 per month, a P25-P75 range of $2,612 to $2,800 per month, an average size of 689 square feet, and $3.95 per square foot, acting as a limited sample size directional reference. The 2-Bedroom tier represents an individual single transaction of 1 closed lease at $3,400 per month, a median of $3,400 per month, a P25-P75 range of $3,400 to $3,400 per month, an average size of 750 square feet, and $4.53 per square foot with 6 days on market (note that this represents an individual deal rather than a broad statistical benchmark). The 3-Bedroom+ tier represents an individual single transaction of 1 closed lease at $4,600 per month, a median of $4,600 per month, a P25-P75 range of $4,600 to $4,600 per month, an average size of 1,100 square feet, and $4.18 per square foot with 11 days on market (note that this represents an individual deal rather than a broad statistical benchmark).

At Centre - Tower I, verified parking stalls added a realized premium of $182 per month to lease agreements. Parking is typically bundled as a standard inclusion for larger multi-bedroom suites while remaining optional or excluded in compact floor plans. Active asking data for parking is currently inconclusive due to an insufficient paired sample.

At Centre - Tower I, monthly average rents followed a fluctuating trajectory from spring through late summer. In April 2026, 1 deal closed at an average rent of $2,350 per month, generating $4.27 per square foot across 16 days on market. In May 2026, 3 deals closed at an average rent of $2,865 per month, generating $3.74 per square foot across 35 days on market. In June 2026, 2 deals closed at an average rent of $3,100 per month, generating $3.65 per square foot across 9 days on market. In July 2026, activity peaked with 7 closed deals averaging $3,057 per month, generating $4.22 per square foot across 19 days on market. In August 2026, leasing volume settled to 3 closed deals averaging $2,817 per month, generating $3.75 per square foot across 24 days on market.