Gallery Towers - Tower E — Rental Market Data

Gallery Towers - Tower E recorded a 30-day days on market average of 30 days, compared to a 90-day average of 33 days and a submarket benchmark of 27 days. Leasing turnover accelerated over the summer months, with 8 leases closing in the 30-day window following 17 deals over the 90-day period and 19 total closed transactions for the lifetime of the building.

Gallery Towers - Tower E recorded an average monthly discount of $27 per month, or 1.13% below asking, resulting in $324 per year in annual tenant savings. This data reflects tenant leverage and landlord concessions, with 42.1% of transactions closing under asking price and the remainder securing terms directly at asking.

The anchor configurations at Gallery Towers - Tower E are dominated by the 1-Bedroom + Den tier, which recorded 14 closed leases averaging $2,258 per month with a median of $2,265 per month, a P25-P75 range of $2,062 to $2,438 per month, an average size of 607 square feet, a rate of $3.72 per square foot, and an average days on market of 29 days across a robust sample size. The 2-Bedroom tier delivered 3 closed leases averaging $2,917 per month with a median of $2,900 per month, a P25-P75 range of $2,875 to $2,950 per month, an average size of 873 square feet, a rate of $3.34 per square foot, and an average days on market of 37 days in a limited sample size. The 1-Bedroom tier accounted for an individual single deal closing at $2,450 per month, a median of $2,450 per month, a P25-P75 range of $2,450 to $2,450 per month, an average size of 650 square feet, a rate of $3.77 per square foot, and 48 days on market (note that this represents an individual transaction rather than a broad statistical benchmark). The 2-Bedroom + Den tier represented an individual single deal closing at $3,100 per month, a median of $3,100 per month, a P25-P75 range of $3,100 to $3,100 per month, an average size of 950 square feet, a rate of $3.26 per square foot, and 56 days on market (note that this represents an individual transaction rather than a broad statistical benchmark).

Gallery Towers - Tower E achieved a verified realized leased parking premium of $324 per month across the building. Parking stalls are typically bundled into larger multi-bedroom suite agreements or negotiated directly into the lease value. Active asking parking metrics could not be independently isolated due to insufficient paired sample data.

Gallery Towers - Tower E experienced a fluctuating rent trajectory across the tracked leasing timeline as initial occupancy progressed. Closed transactions in May 2026 averaged $2,650 per month at $3.57 per square foot across 2 deals over 28 days on market. June 2026 recorded 2 closed deals averaging $2,250 per month at $3.73 per square foot over 28 days on market. July 2026 saw activity expand to 7 closed deals averaging $2,561 per month at $3.46 per square foot over 38 days on market. August 2026 concluded with 8 closed deals averaging $2,272 per month at $3.79 per square foot over 30 days on market.